Income generating property with lots of cottages (Off Market)

For Sale, 5,500,000 ZAR (~ 293,474 USD)


40 8th Street,

Property Type : Multi-Family Home

Property Style : Farmhouse

Build Size : 18,438 ft² / 1,713 m²

Land Size : 215,278 ft² / 20,000 m² Convert Land Size

Bedroom : 7

Bathroom : 3

Half Bathroom : 0

MLS#: N/A


Property Description

A classic homestead with characteristic main house that includes two large reception rooms, modern kitchen and 3 parquet floored bedrooms plus a study. There are several other buildings located around the almost two hectare property. There are no less than 4 one bedroom cottages and studio's plus a large workspace currently being used as a small school. There are a number of workshops and storerooms a total of 6 garages and a swimming pool. This property generates a fantastic rental income and the future of the area is very bright. Chartwell is located close to the area of Fourways which houses fantastic shopping centres, medical facilities and schools. The area borders the Estate of Steyn City and is a suburb of the future.
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Lifestyles

Aquatic Activities
Country Club
Country Living
Outdoor Activities
Privacy
Ranch/Farm/Plantation
Income generating property with lots of cottages, South Africa,Gauteng is a 18,438ft² Gauteng luxury Multi-Family Home listed for sale 5,500,000 ZAR. This high end Gauteng Multi-Family Home is comprised of 7 bedrooms and 3 baths. Find more luxury properties in Gauteng or search for luxury properties for sale in Gauteng.