R1,200,000

R1,200,000

3 Bedroom Freehold For Sale in Primrose
3
Bedrooms
1
Bathrooms
No Transfer Duty
5 Iris Road
Print

Calling All Investors!!!

Web Ref. LHR7666
Land size 887.00 m²
Monthly Bond Repayment
R11,980.55
This expansive property offers a great opportunity for those looking to restore and increase its value. Set on a generous plot, the main house features 3 spacious bedrooms and 1 well-designed bathroom. The large lounge is perfect for relaxation and entertaining, while the roomy kitchen, complete with a separate scullery, ensures practicality for daily use.

Original wooden flooring and pressed ceilings add unique charm and character to the home. With some imagination and effort, this property can be transformed into a dream home that blends historical appeal with modern convenience.

This property has 3 separate cottages, making it great for rental income.

1. Cottage - Includes a lounge, bedroom, bathroom, and small kitchenette.
2. Cottage - Features a small living area with a kitchenette, bathroom, and bedroom.
3. Cottage - A bachelor unit with a kitchenette and bathroom.

Each cottage has its own prepaid electricity meter, which makes it easy to manage tenants. There is also a swimming pool, but it is currently not working.

This property needs renovation and maintenance, it offers many possibilities for the right buyer. It is perfect for investors, extended families, or anyone wanting to create a property that generates income.

Don’t miss out on this opportunity!!!
Monthly Rates R1,392

Features

Interior
3 Bedrooms
1 Bathroom
1 Kitchen
1 Lounge
1 Dining Room
Exterior
2 Parkings (Double Parking)
3 Flatlets
Pet Friendly
Pool
Domestic Accom
Sizes
Land Size 887 m²
Listing Info
Date Listed 20-07-26

Primrose, Germiston

Google map for 3 Bedroom Freehold For Sale in Primrose

Disclaimer

While every effort will be made to ensure that the information contained within the Leadhome website is accurate and up to date, Leadhome makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.