R 2 500 000 | 7 bed property for sale in fellside

Property Description

A unique opportunity nestled across three large stands in the heart of Fellside situated on Louis Both Avenue and Davidson Street, two of the most sought after streets within the Johannesburg area due to its location and security. The Homes main entrance is situated in a 24Hr Access Controlled Area and has been kept to its original stature. The Home is surrounded by properties that hold great value due to the Development and Safety within Fellside. It is surrounded by properties that serve as a Business Sector but with Residential Homes as the backbone. Details: - Stand Size Across All Three Stands - 495sqm, 469sqm and 439sqm respectively. - Two Gated Entrances. Main Residence: - 3 Bedrooms - 2 Bathrooms - One Main Lounge - Dining Room - Sizeable Kitchen with a Scullery - Courtyard Area leading to Outbuildings - Two Additional Store Rooms on either flank of the House - Main Residence is built over Two Stands Second Stand/Outbuildings: - 4x 1 Bedroom Apartments with their own Private Bathroom - Potential ROI of R3,000 per month. - Single Garage with Plans to extend it to a Double Garage Third Stand: - Parking Lot for over 16 Cars with the respective Rights accessed from Corner Davidson Street/Louis Botha Avenue. An Ideal home for an Investor looking for an opportunity of development on site or converting the existing structure to suit the respective needs in a business or residential capacity. With the addition of the 24Hr access controlled area alongside the location and exposure to Louis Botha Avenue, a number of opportunities can be explored. Experience the perks of owning a property that has three major options to consider for short term, medium term, and long term planning. Certainly a property to consider. All further information is available on request.


Property Details

Purchase Price R 2 500 000

Building Size400 m2

Price Per SQMR 6250 m2

Type of PropertyHouse

Monthly Rates990

Land Size1403 m2

Last Updated21 Dec 2023

Rooms

Flatlet4

Kitchen1

Bedrooms7

Bathrooms5

Reception Rooms

Lounges1

Dining Room1

External Features

Patio1

Garages1

Carports16

Property Location

Similar Property in nearby suburbs

Agent

Kyle De Aguiar

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