Booysens Reserve , Mondeor , Ormonde , Ridgeway , Robertsham , Rosettenville
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This prime investment property in the sought-after area of Rosettenville offers endless potential for both residential and commercial use. Currently comprised of 10 well-maintained units, each generating around R5,000 per month, this property already provides a solid rental income stream.
In addition to the rental units, there are 10 covered parking spaces, offering added convenience for tenants or potential business clients.
Key Features:
10 Flats: Each unit currently earning approximately R5,000 per month.
10 Covered Parking Bays: Providing ample parking for residents or business purposes.
Prime Location: Situated in Rosettenville, close to key amenities and transport routes.
Business Potential: This property is perfectly positioned and structured for conversion into a highly profitable venture, such as:
A crèche or private school
An old age home
A bed and breakfast (B&B)
A commercial office block