Spacious Home & Rental Units Near Upcoming Development

Ref # 2553091
R2,595,000
Property Details
179 Josiah Gumede Rd
3 Beds
2 Baths
2 Covered Parkings
6 Open Parkings
1,136m²

This property, located on Josiah Gumede Road, offers excellent frontage and is ideally positioned for the upcoming new development in the area.

The main dwelling features three bedrooms, two bathrooms, a spacious lounge, dining room, and a well-equipped kitchen with an adjoining laundry room and scullery. Additional amenities include a swimming pool, air conditioning, and CCTV security cameras. The previous rental income for this unit was R11,000 per month.

Additionally, the property includes two bachelor units, each comprising a large room, kitchenette, shower, and toilet. These units currently generate R3,000 each per month in rental income.

There is also a one-bedroom cottage with an open-plan lounge and kitchen, which produces a rental income of R4,500 per month. This versatile property presents a strong investment opportunity with multiple income streams.

Property Features
Property Type
House
Bedrooms
3
Bathrooms
2
Covered Parking
2
Open Parking
6
Land Size
1,136m²
Living Area
2
Costs and Terms
Rates & Taxes
±R1,100
Additional Information
Kitchens
1
Lounges
1
Dining Rooms
1
Flatlet
3
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