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111 Lark Street, Meredale, Johannesburg, Gauteng
R 2 130 000
This perfectly positioned corner property , presents an exceptional investment opportunity with three separate houses, each occupied by reliable tenants. Situated in a sought-after area, the property provides immediate rental income and long-term capital growth potential. Perfect for investors seeking immediate rental returns this property is strategically positioned for maximum visibility and offers both residential and commercial prospects. Key Features: · Prominent corner stand offering dual street frontage · Three separate dwellings – each with private entrances and secure parking · Spacious layout ideal for redevelopment or multi-tenant use · Secure boundary walls and gated access · Ample Parking space or room for expansion Investment Highlights: · Strong rental income with established tenants · Ideal for multi-family living or continued rental investment · Potential for future development or sectional title conversion · Suitable for offices, retail conversion as B&B or residential units · Low maintenance and high tenant demand House 1: A neat and compact bedroom and bathroom cottage ideal for a young couple or a single tenant. A separate lounge area Open plan neat kitchen and dining area House 2: Comprises of two bedrooms and two bathrooms, perfect for a small family Open plan kitchen and living area House 3: A comfortable 2 bedroom, 1 bathroom unit Open plan kitchen, diming and living area All three houses are conveniently separated from each other to allow for privacy and have immediate access to the extremely generous garden area. Don’t miss this immediate income and long-term value growth opportunity.
Estimated monthly repayment
R 20 114
on a R 1 917 000 bond over 20 years at 11.25%
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111 Lark Street, Meredale, Johannesburg, Gauteng
Area view — the exact address is shared on enquiry.
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