A Classic Home Looking For A New Lease On Life.

A unique opportunity nestled across three large stands in the heart of Fellside situated on Louis Both Avenue and Davidson Street, two of the most sought after streets within the Johannesburg area due to its location and security. The Homes main entrance is situated in a 24Hr Access Controlled Area and has been kept to its original stature. The Home is surrounded by properties that hold great value due to the Development and Safety within Fellside. It is surrounded by properties that serve as a Business Sector but with Residential Homes as the backbone.

Details:
- Stand Size Across All Three Stands - 495sqm, 469sqm and 439sqm respectively.
- Two Gated Entrances.

Main Residence:
- 3 Bedrooms
- 2 Bathrooms
- One Main Lounge
- Dining Room
- Sizeable Kitchen with a Scullery
- Courtyard Area leading to Outbuildings
- Two Additional Store Rooms on either flank of the House
- Main Residence is built over Two Stands

Second Stand/Outbuildings:
- 4x 1 Bedroom Apartments with their own Private Bathroom - Potential ROI of R3,000 per month.
- Single Garage with Plans to extend it to a Double Garage

Third Stand:
- Parking Lot for over 16 Cars with the respective Rights accessed from Corner Davidson Street/Louis Botha Avenue.

An Ideal home for an Investor looking for an opportunity of development on site or converting the existing structure to suit the respective needs in a business or residential capacity. With the addition of the 24Hr access controlled area alongside the location and exposure to Louis Botha Avenue, a number of opportunities can be explored. Experience the perks of owning a property that has three major options to consider for short term, medium term, and long term planning. Certainly a property to consider. All further information is available on request.

Property Reference #: DPG2759877

Agent Details:
Kyle De Aguiar
Dormehl Phalane Property Group
95 Victoria Street,
Oakdene,
Johannesburg,
Gauteng,
2190