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R2,800,000

Monthly Bond Repayment R29,860.03
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R5,000

12 Bedroom House For Sale in Highlands North

Prime Investment Property on Louis Botha Ave: High-Yield Mixed-Use with Courtyard Retail and Private Residential Home
This exceptional investment property, set on 1000m² of prime land along the bustling Louis Botha Avenue, delivers a strong rental income of nearly R40,000 per month. It is perfectly positioned to capture high foot traffic thanks to its central courtyard, which faces the main road and is adjacent to a busy Rea Vaya bus stop and taxi ranks.
Property Highlights:
• Courtyard Retail Hub: The shops, cantered around a courtyard, benefit from substantial passing trade. Tenants include long-standing businesses such as a 15-year-old restaurant, a supermarket, a beauty salon, and clothing-related enterprises, including a tailor and seamstress.
• Mixed-Use Flexibility: In addition to the commercial spaces, there is a private, self-contained three-bedroom house set back on a quiet panhandle stand, offering privacy from the bustling avenue. Additional rooms connected to the restaurant can also be let out for residential purposes.
• Strategic Location: Facing Louis Botha Ave, the property enjoys excellent visibility and accessibility, with direct proximity to public transport and key arterial routes connecting Alexandria, the city, the airport, and the northern suburbs.
This 400m² building offers a stable investment with reliable tenants, a prime location, and versatile income streams. The mix of commercial and residential spaces makes this property a unique opportunity for investors seeking long-term growth.
Enquire now to secure your viewing! Asking Price R2 800 000

Features

12
4
2
Interior
Bedrooms
12
Bathrooms
4
Kitchens
3
Exterior
Garages
2
Security
Yes
Pool
Yes
Sizes
Land Size
995m²

Highlands North, Johannesburg

Johannesburg, also known as 'Jozi', 'Joburg' and 'The City of Gold', is classified as a megacity, due to it being the largest in South Africa. This bustling metropolis offers residents a vibrant and diverse community within beautiful surroundings. Johannesburg has various property types available including apartments, townhouses and freestanding homes, making it an ideal place to live for anyone of all...
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, 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.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

29,860.03

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