Description

This is a large and sunny, well-maintained family home with a swimming pool, borehole, extensive parking spaces and multiple rooms (including a former staff room), an outside cottage, and a garden cabin that have been converted into mini businesses, earning an income of a minimum of R70 000 per month from current health and beauty industry tenants, each on a month-to-month lease. In addition, there is a residential flatlet with a current paying tenant. The property could be converted back to a residential home with or without income-producing businesses. As is, it is also ideal for a beauty spa, gym and coffee shop, guesthouse or AirBnB.

This property has nine beauty venues including a standalone, one bedroom cottage with a kitchen and a shower room, and an 18 sqm wooden cabin in the garden. It also has:

* Six bathrooms

* Five pre-paid electricity metres

* 10 parking spaces on-site

* Council-approved building plans

This bright and attractive property with a welcoming entrance and lovely garden with a swimming pool, located between Fourways shopping precinct and Fourways Gardens Residential Estate, has run successfully as a heath and beauty business for many years. There are six rooms of varying sizes inside the house; an outside room with a shower and a kitchenette (previously the staff room); a cottage with an open-plan lounge-kitchen and a separate bedroom with an en-suite shower room; and an 18 sqm wooden cabin, all being used by independent mini businesses conducting manicures, pedicures, facials, nail art, etc. There is, for example, a long room of about 10 sqm (previously a huge, sunny lounge); a room with three cubicles; and, above that, an L-shaped, loft with a built-in bar.

The independent flatlet comprises a lounge-bedroom and a bathroom, with use of the main kitchen in the house. A paying, long-term resident resides in this flatlet currently.

There are two double carports and space to park about 10 vehicles on the property, as well as designated street parking. The automated access gate has a new motor.

A new motor was recently installed in the swimming pool.

The property has three geysers (one of them is new), two air conditioners (one currently not operational), an electric fence, security bars and gates.

Building size: About 360 sqm | Land size: 1 216 sqm

Municipal rates (taxes): About R443 pm 

Municipal water and sanitation: About R2 400 pm

Pikitup (refuse removal): About R485 pm