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R 2 000 000
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12 Bedroom House for Sale in Protea Glen

Protea Glen, Soweto
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  • Bedrooms 12
  • Bathrooms 11
  • Garages 1
  • Erf Size 730 m²
    • m²: 730 m²
    • Hectares: 0.073 ha
    • Acres: 0.18 acres
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Lott Devenhuis

Investors alert!!!! Great investment opportunity property in protea glen ext 2!!!

This exciting property is situated in a very sort out, quite busy area in Protea Glen Ext 2. This property is in close proximity to filling station, shopping mall andamp; shopping centers, schools andamp; crèches and has easy access to main roads and highways. Situated opposite the SAPS Protea Glen Satellite Station you are guaranteed to have added security and protection in the area.

The Main House has two bedrooms and one comes with built in cabinets, a bathroom with a shower, and a living room area. Do you have a dream kitchen planned out? Well you're in luck because there is a room for a kitchen; right next to the living room; that you can build from scratch.

There are well planned ten (10) Flat-lets, all offering an open plan living room with kitchenette and a bathroom with a shower.

There is also a tuck “Spaza” shop within the premises so not only is there a...

This exciting property is situated in a very sort out, quite busy area in Protea Glen Ext 2. This property is in close proximity to filling station, shopping mall andamp; shopping centers, schools andamp; crèches and has easy access to main roads and highways. Situated opposite the SAPS Protea Glen Satellite Station you are guaranteed to have added security and protection in the area.

The Main House has two bedrooms and one comes with built in cabinets, a bathroom with a shower, and a living room area. Do you have a dream kitchen planned out? Well you're in luck because there is a room for a kitchen; right next to the living room; that you can build from scratch.

There are well planned ten (10) Flat-lets, all offering an open plan living room with kitchenette and a bathroom with a shower.

There is also a tuck “Spaza” shop within the premises so not only is there a business opportunity but you will be earning a return through rental income from the flat-lets, the future resale of the property, or both.

Rental Income that is generated from this property is as follows:

R2700.00 X 8 rooms = R21,600.00

r1500.00 x 2 rooms = R3,000.00

Main House rent is = R6,000.00

Tuck “Spaza” Shop rent is = R3,520.00

Total P/M rental income of R34,120.00

Investors don't sleep on this one…. Call me for exclusive viewing

GRANITE PARK INVESTMENTS 73 CC trading as RE/MAX All Stars (Alberton) operates in terms of a franchise agreement with RE/MAX of Southern Africa.

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Bedrooms Bedrooms: 12
Bathrooms Bathrooms: 11
Garages Garages: 1
No Pets Allowed No Pets Allowed
Flatlet Flatlet
Listing number: P24-114348093, Image number: 1
Listing number: P24-114348093, Image number: 2
Listing number: P24-114348093, Image number: 3
Listing number: P24-114348093, Image number: 4
Listing number: P24-114348093, Image number: 5
Listing number: P24-114348093, Image number: 6
Listing number: P24-114348093, Image number: 7
Listing number: P24-114348093, Image number: 8
Listing number: P24-114348093, Image number: 9
Property Overview
Listing Number
114348093
Type of Property
House
Description
Freestanding
Lifestyle
Suburban
Listing Date
02 May 2024
Erf Size
730 m²
Rates and Taxes
R 1 500
Pets Allowed
No
Bedrooms
12
Built-in Cupboards, Double Bedroom
Bathrooms
11
En suite, Shower, Toilet and Basin
Kitchens
11
Open Plan, Centre Island
Lounge
1 Lounge
Garage
Double
Flatlet
Yes
Wheelchair Accessible
No
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Bond Calculator

R
R
%
years
Monthly Repayment:
Total Once-off Costs:
Min Gross Monthly Income:
View Breakdown
What do I qualify for based on my income?
What are the bond and transfer costs?
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.
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By continuing I understand and agree with
Property24's Terms & Conditions and Privacy Policy.

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