R 4 300 000 | 11 bed property for sale in president park

Property Description

Set off Reitz Road in a private cul-de-sac (panhandle), this stunning property has multiple homes for the owner and tenants alike with each cottage personalised and named. The Sellers, who are relocating, have described their home as a "French-styled farm village"' and "ideal for multi-generational living". It features 7 cottages and sleeps up to 20 people, undercover parking for 8 cars, and currently generates excellent rental income. Six of the seven cottages have kitchens with gas ovens and hobs. Each cottage has Free Wi-Fi for residents' convenience. Cottages 1,2,3 consist of 2 bedrooms and 2 bathrooms each. Cottage 4 has 1,5 bedrooms and two bathrooms and a private roof garden. Cottages 5, and 6 are I bedroom and I bathroom each. Cottage 7 has 2 bedrooms, a bathroom, a large farm-style kitchen, two lounges and access to a large outdoor boma with a pizza oven and built-in braai area. The covered outdoor entertainment area has a pizza oven and braai area. Indigenous trees and vegetation creates a low-maintenance, eco-friendly environment including gas and solar geysers. Set on 8,710m2 of land, this safe and secure panhandle property is perfectly positioned for convenient access to the N1 highway, Gautrain, Grand Central Airport, Mall of Africa, Turkish Mosque, and the Waterfall and Midrand business precincts. It is conveniently located 5.6 kilometres from Life Carstenhof Hospital and 5.1 kilometres from Netcare Waterfall City Hospital. The property is also located 3 km from Eduvos Private Higher Learning Provider. Rental income information available for serious buyers. Viewing by appointment only. E & OE - While every care has been taken in the preparation of this listing, we cannot be held responsible for any errors or omissions that may have inadvertently occurred. The information contained in the listing is subject to updates and/or changes.


Property Details

Purchase Price R 4 300 000

Building Size645 m2

Price Per SQMR 6666 m2

Monthly Rates1200

Type of PropertyHouse

Land Size8710 m2

Pets AllowedYes

Last Updated30 Apr 2025

Rooms

Store RoomYes

Study2

Flatlet7

Kitchen7

Bedrooms11

Bathrooms11

Reception Rooms

Lounges8

Dining Room3

External Features

Patio2

Outdoor LivingConcrete

Carports8

General Features

SecurityYes

FlooringCement

Property Location

Similar Property in nearby suburbs

Agent

Sava Michaelides

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