R 6 200 000 | 10 bed property for sale in bedfordview

Take advantage of this incredible opportunity to own a lucrative income-generating property! Situated in the heart of Bedfordview, Johannesburg, this spacious and secure Self Catering Guest House boasts 3 bedrooms in the main house, perfect for hosting guests or utilizing as a work-from-home space. With a prime location opposite Virgin Active, this property offers endless possibilities for income generation. Featuring a 3-bedroom main house alongside 5 cottages capable of accommodating up to 20 guests, this property also includes domestic quarters, 2 double garages, and a double carport. Its proximity to Bedford Centre, Eastgate, the airport, top restaurants, and prestigious private schools adds to its appeal. One of the standout features of this property is its commitment to green energy systems. With solar-piped geysers and 36 new solar electric panels equipped with a 10KW inverter, you can save up to R4000 monthly on electricity bills, significantly reducing running costs by 50-60%. Spanning across an expansive erf size of 1678m² and a floor size of 950m², this property generates an impressive monthly rental income of R72500.00, with all units currently rented out. With a total of 10 bedrooms and 9 bathrooms, this investment practically pays for itself, covering the bond repayment and offering a substantial return. Don't miss out on this excellent investment opportunity. Contact us today to schedule a viewing and secure your financial future!

Available from 24 Apr 2024.