R 1 200 000 | 5 bed property for sale in orange grove

his 3.5-bedroom property in Orange Groove offers a fantastic opportunity for families and investors alike. With a strong potential for rental income and space for future development, this property is a gem. Key Features: - 3.5 bedrooms (potential for more income-generating units) - Current rental income: R18,500 per month (broken down as follows): - 3 bedrooms: R11,500 - 1 bedroom: R4,000 - Bachelor unit: R3,000 - Prepaid electricity for efficient energy management - Lock-up garage with potential for conversion into an additional bachelor unit for R3,500 extra rental income What Buyers Say: "This property offers the perfect blend of family living and investment potential. The rental income is fantastic!" - Potential Investor "The location is ideal, close to schools and amenities. We can't wait to make this house our home!" - Family Buyer Investment Potential: - Current yield: approximately 10-12% (based on R18,500 monthly rental income) - Potential increased yield with garage conversion: additional R3,500 monthly rental income Ideal for: - Families seeking a spacious home with income-generating potential - Investors looking for a high-yielding property in Johannesburg - Developers interested in expanding the property for increased returns Location Benefits: - Orange Groove's central location offers easy access to major roads, public transport, and amenities - Close proximity to schools, shopping centers, and recreational areas Contact Us: Don't miss this exceptional opportunity! Contact us today to schedule a viewing and explore the potential of this fantastic property.