Type

Term

Price range

Beds

R 915 000 | 11 Bedroom House for Sale in Homelake

18 Salie Street, Homelake, Randfontein

Gallery

Photos

Erf Size: 991 m²

Investing with a return in Homelake

Nestled in the sought-after area of Homelake, this property presents a golden investment opportunity. Whether you envision it as a student accommodation or a guest house, its location provides easy access to amenities and public transport, making it an ideal choice for those who work nearby but live further away. With its convenient and comfortable living arrangement during the week, it caters perfectly to the needs of modern professionals.

The main house boasts five spacious rooms, three of which feature built-in cupboards (BIC) and tiled floors. One room even offers the luxury of an en-suite bathroom, while the remaining rooms share a separate bathroom with a shower. Meanwhile, the second house on the property offers four well-appointed rooms, three of which also come with BIC and tiled floors. A communal kitchen and lounge area create a welcoming space for shared living, and the shared bathroom ensures functionality and convenience for all residents.

As if that wasn't enough, there are two additional outside rooms with access to an outdoor toilet, providing even more accommodation options. Each room on the property is fitted with a prepaid electricity meter, giving tenants full control over their utility costs. With its versatility and income potential, this property is not only a practical choice but also a lucrative one. Whether you're looking to generate rental income or operate a guest house, this property offers endless possibilities for both investors and entrepreneurs.

Property Overview

Listing Number

115467699

Type of Property

House

Street Address

18 Salie Street, Homelake

Description

Freestanding

Lifestyle

Suburban

Erf Size

991 m²

Floor Area

324 m²

Rates and Taxes

R 817

Pets Allowed

Yes

Coverage

32 %