21 Bedroom House For Sale in Gezina

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Description

Income-Generating Commune Investment in Gezina

Income-Generating Commune Investment in Gezina

A well-established income-generating property in Gezina, currently generating approximately R60,000-R61,000 per month.

The property offers a total of 21 rentable rooms:

Main House:
• 15 rentable rooms
• 4 shared bathrooms
• Communal kitchen

Outbuilding 1:
• 3 rooms
• 2 bathrooms

Outbuilding 2:
• 3 rooms
• 1 bathroom
• Separate kitchen

Additional features include:
• Lapa and braai area
• Borehole (condition to be confirmed)
• Ample communal space for tenants

The property is suitable for student accommodation or working professionals and offers strong rental demand with multiple income-producing spaces.

Conveniently located close to Steve Biko Academic Hospital, Robert Hicks Primary School, Gezina Galleries and within walking distance of Jakaranda Shopping Centre.

An excellent opportunity for an investor looking for an established property with multiple rental units and strong monthly income potential. 

RELLUM MANAGEMENT (PTY) LTD trading as REMAX Amaze operates in terms of a franchise agreement with REMAX of Southern Africa.

Angelique Gaum
Angelique Gaum
REMAX Amaze
Candidate Property Practitioner
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RELLUM MANAGEMENT (PTY) LTD trading as REMAX Amaze operates in terms of a franchise agreement with REMAX of Southern Africa.