PLOT WITH HOUSE AND SIX COTTAGESR17 900 000

Main Road, Blue Hills, Midrand, Gauteng, 1685

0 0 0

Erf Size: 25898 m²    Floor Area: 480 m²    Rates & Taxes: R2 500   

Listing#: KWL108525

This unique 2.5 ha PLOT with 4 BEDROOM HOUSE (LOFT)  AND SIX COTTAGES and additional vacant land, centrally located in Blue Hills AH, Midrand, is situated between Main Road and the N1 with the Western boundary of the property on the R55, providing easy access to the N1, N14, M1, N3 and airports.  In close proximity to Netcare Waterfall City Hospital, numerous schools including Reddford, Blue Hills Prep & College, Beaulieu Prep & College, Montessori, as well as major shopping malls including Mall of Africa, Blue Hills Shopping Centre and Kyalami Corner.
  
The property is being sold as a going concern with audited financials reflecting current monthly rental income from 6 COTTAGES - lucrative income. 

This in itself affords a sound investment for a savvy investor, but due to its perfect location in a developing area, could also be converted to a Guest House, B&B or other business premises. There is also +/- 11 800 m2 vacant land for further development. It is also ideal to rezone for a high density residential development.  

IMPROVEMENTS COMPRISE:
Six income producing cottages - 460 sqm
5 x 2 bedroom - (80 sqm each) 
1 x 1 bedroom - (60 sqm) 
All six cottages have one bathroom; open plan kitchen; patio; exclusive enclosed gardens and carports. 
Main Residence - 480 sqm
(Occupied by owners with an additional potential rental income of around R 25 000 per month).

Comprises: Open plan kitchen/lounge/dining; TV room; 3 bedrooms (MES), 2 bathrooms, loft/study, double garage, solar heated pool and more.
OUTBUILDINGS:
Staff Quarters 37 m2 
Workshop – 48 m2 
EXTRAS INCLUDING:
Strong Borehole (90 meter depth) 
3 Phase electricity
Electric fence and gates
CCTV cameras

Call to arrange your private viewing now!

Special Features

  • Secure Parking
  • Garden

Security Features

  • 24 Hour Response
  • Alarm System
  • Burglar Bars
  • CCTV
  • Electric Fencing
  • Electric Gate
  • Intercom
  • Totally Fenced

Outbuildings

  • Staff Quarters
  • Studio

Keep in touch!

We'll get back to you as quickly as possible