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R 2 200 000 Bond Calculator

4 Bedroom House for Sale in Bloubosrand

12 Schiedam Avenue, Bloubosrand, Randburg


4 Bedroom House for Sale in Bloubosrand

12 Schiedam Avenue, Bloubosrand, Randburg

4 2.5
Erf Size: 925 m²

Exceptional Investment Opportunity – 4-Bedroom Home with 5 Income-Generating Cottages in Bloubosrand

An opportunity for investors looking for multiple rental income streams from one property! Set on a generous 925m² stand in Bloubosrand, this versatile property offers a four-bedroom main house plus five additional rental cottages, making it an attractive option for investors seeking an established, income-producing asset. This property's multiple rental income streams offer the potential to generate a substantial monthly return while providing opportunities for further income growth. Property Features -Four-bedroom main house, currently configured for room-by-room rental -Five additional income-generating cottages -Separate prepaid electricity and water meters servicing the cottages and main house -Dedicated laundry room -Generous 925m² stand -Established rental accommodation with existing tenants -Rental Income and Investment Potential The property currently has R28,110 per month in contracted rental income, representing approximately R337,320 annually. An additional room is currently vacant, with an estimated rental potential of R3,000 per month. Potential rental income when fully occupied: R31,110 per month or R373,320 annually. At the asking price of R2,200,000, this represents an attractive potential gross rental yield of approximately 16.97% per annum, before operating expenses, vacancies and other ownership costs. Convenient Location: Bloubosrand is conveniently situated near Fourways, Douglasdale and North Riding, offering access to shopping centres, schools, employment opportunities and major transport routes. Nearby amenities include Fourways Mall, Fourways Crossing, Northgate Shopping Centre, local schools and convenient access to Witkoppen Road and William Nicol Drive (R511). An Investment Worth Exploring Whether you're looking to expand your existing property portfolio or secure your first multi-unit rental investment, this property offers a rare combination of established rental income, multiple accommodation units and further income potential. Contact me today to arrange a private viewing and discover the investment possibilities this property has to offer. Rental figures are based on the current information supplied and are subject to verification. Gross rental yields are calculated before expenses.

Property Overview

Listing Number
117717323
Type of Property
House
Street Address
12 Schiedam Avenue, Bloubosrand
Erf Size
925 m²
Rates and Taxes
R 1 557

Rooms

Bedroom
4
Bedroom 1
Built-in Cupboards
Bedroom 2
Built-in Cupboards
Bedroom 3
Built-in Cupboards
Bedroom 4
Built-in Cupboards
Bathroom
2.5
Bathroom 1
En suite
Bathroom 2
Full
Bathroom 3
Guest Toilet
Kitchen
1
Kitchen 1
Built-in Cupboards
Other
1
Other 1
Linen Room

External Features

Garden
1
Outbuilding
5
Outbuilding 2
Flatlet
Outbuilding 3
Flatlet
Outbuilding 4
Flatlet
Outbuilding 5
Flatlet

Other Features

Security
1
Security 1
Burglar Bars, Electric fencing
Flatlet
Yes

Education

Cooper College
1.23km
Crawford Fourways Preparatory
2.88km

Food and Entertainment

The Corner House
0.93km
Mamma Mia
1.81km
Pizza Perfect
2.21km
Corner Bistro German Restaurant and Pub
2.26km
Wimpy
3.07km
Mimmos
3.07km
Gathering
3.08km
The Throbbing Strawberry
3.11km
Nando's
3.21km
Papachinos Broadacres
3.26km
Dros
3.30km

Health

Pharmasave
1.84km
Pharmasave
3.05km
Life Fourways Hospital
3.10km
Fourways Life Hospital
3.12km

Shopping

FNB
1.86km

Transport and Public Services

BP
1.75km
Postnet
1.82km
Jukskei Park Post Boxes
1.86km
Caltex
1.88km
Engen
2.19km
Douglas Dale Police Station
2.35km
Shell
2.54km
Shell
2.58km
Sasol
2.63km
Woolworths Food
3.16km
Total
3.17km
Total
3.23km

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Real Estate Services

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Lauren Michelson

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