$276,855

Listing currency: ZAR 4,995,000

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Midrand, South Africa

Looking for that right investment? Price reduced to sell. Just off lower Alsatian Road, Midrand, Pecan Tree Lodge, is an 8 cottage residential lodge (Main House and 7 cottages), situated adjacent to a river, with abundant birdlife and immaculate gardens. And yes, a large pecan tree! Each residential unit has its own gas supply for cooking and individual geyser, prepaid electricity and water. Excellent security with CCTV, 24/7 manned guardpost, full perimeter electric fencing and automated main gate. Plenty of tenant and visitor parking: 3 lockup garages, 11 carports and open parking for guests. The cottages (and main house) are 100% occupied with qualified tenants, generating a substantial rental income for that investor buyer. Close to Allandale Road, Mall of Africa and Gautrain Station. Walking distance to various educational institutions on and around Alsatian Road. No pets. Disclaimer: While every care has been taken in the preparation of this listing, we cannot be held responsible for any errors or omissions which may have inadvertently occurred.

Amenities

  • Bedrooms: 19
  • Full Bathrooms: 11
  • Partial Bathrooms: 0
  • Property Type: Condo
  • Home size: 0 ft2 / 0 m2
  • MLS: ab545ae9-fb09-4eff-8
  • Status: Active

Property brokered by

Jawitz Properties Ltd.

+27 11 880 3550

Presented by Sava Michaelides

  • (072) 141-9468

Contact Sava Michaelides

Contact Agent


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