11 Bedroom House For Sale in President Park
R4,300,000
24 Reitz Road
Monthly Bond Repayment R44,384.10
Calculated over 20 years at 11% with no deposit.
Web Ref No JRL29103
Beautiful property with tenants in President Park
Set off Reitz Road in a private cul-de-sac (panhandle), this stunning property has multiple homes for the owner and tenants alike with each cottage personalised and named.
The Sellers, who are relocating, have described their home as a "French-styled farm village"' and "ideal for multi-generational living". It features 7 cottages and sleeps up to 20 people, undercover parking for 8 cars, and currently generates excellent rental income. Six of the seven cottages have kitchens with gas ovens and hobs. Each cottage has Free Wi-Fi for residents' convenience.
Cottages 1,2,3 consist of 2 bedrooms and 2 bathrooms each. Cottage 4 has 1,5 bedrooms and two bathrooms and a private roof garden. Cottages 5, and 6 are I bedroom and I bathroom each. Cottage 7 has 2 bedrooms, a bathroom, a large farm-style kitchen, two lounges and access to a large outdoor boma with a pizza oven and built-in braai area.
The covered outdoor entertainment area has a pizza oven and braai area. Indigenous trees and vegetation creates a low-maintenance, eco-friendly environment including gas and solar geysers.
Set on 8,710m2 of land, this safe and secure panhandle property is perfectly positioned for convenient access to the N1 highway, Gautrain, Grand Central Airport, Mall of Africa, Turkish Mosque, and the Waterfall and Midrand business precincts. It is conveniently located 5.6 kilometres from Life Carstenhof Hospital and 5.1 kilometres from Netcare Waterfall City Hospital. The property is also located 3 km from Eduvos Private Higher Learning Provider.
Rental income information available for serious buyers.
Viewing by appointment only.
E & OE - While every care has been taken in the preparation of this listing, we cannot be held responsible for any errors or omissions that may have inadvertently occurred. The information contained in the listing is subject to updates and/or changes.