Property details

27

Erf size:
12,140 m²
Energy Supplies:
Eskom,
Rates and Taxes
R2,500 per month

Features

  • Metal roof
  • Face brick / plastered walls
  • Steel windows
  • Commercial facilities including bed & breakfast, guest house and small holding
  • Wall boundary
  • Exterior features including septic tank, washing line and water tank
+  see more

Additional buildings

  • 16 x Flatlet (2 Bedrooms , 1 Bathroom)
  • 1 x Granny Flat (1 Bedroom , 1 Bathroom)
  • 1 x Managers House (3 Bedrooms , 1 Bathroom)

Investment opportunity with monthly rental income or otherwise overnight accommodation

This property offers a unique opportunity for investment with current tenants occupying 90% of the units (vacant units are being renovated and will be available for occupancy on completion of renovations). With 16 x 2 bedroom units, a 3 bedroom house and granny or bachelor flat, a variety of rental possibilities are available to tenants. All of the units are serviced by pre-paid electricity meters; gas stoves and some have gas geysers (a certain cost saving feature). Water to the buildings are provided through two boreholes on the property. The property is zoned for residential use which makes the possibility for expanding on the current infrastructure still possible. The property is located on a main road leading to Benoni and Kempton Park or R21 on the other side, just opposite the Wildebees retail store in Bredell which offers an overnight accommodation or AirBnB opportunity to foreign visitors stopping over in Kempton Park before continuing their journey to other areas in South Africa.

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278 3rd Avenue, Bredell

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