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5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale
5 Bedroom House For Sale in Meredale

5 Bedroom House For Sale in Meredale

R2,149,000

111 Lark Street, Meredale, Johannesburg

Monthly Bond Repayment R21,095.51
Calculated over 20 years at 10.25% with no deposit.

Web Ref RL2703
Monthly Rates R2,200

Corner Property with 3 Income-Generating Homes – Ideal Investment Opportunity

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.

Features

Pets Allowed No
Interior
Bedrooms 5
Bathrooms 4
Kitchen 3
Reception Rooms 4
Furnished No
Exterior
Security No
Parkings 10
Pool No
Sizes
Floor Size 276m²
Land Size 1,467m²
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