### Investment Property Overview
**Main House Features:**
– **Bedrooms:** 5 spacious bedrooms
– **Lounge Areas:** 3 separate lounges for versatile living and entertaining
– **Kitchens:** 2 fully equipped kitchens
– **Bathrooms:** 2 bathrooms, providing ample convenience
– **Entrance Halls:** 2 separate entrance halls for privacy and ease of access
– **Basement Rooms:** 2 basement rooms suitable for storage, offices, or additional living space
– **Garage andamp; Carport:** Secure garage plus a carport for multiple vehicles
– **Swimming Pool:** Private swimming pool for recreation and leisure
**Additional Living Space:**
– **Total Rooms:** 16 rooms, including the main house and additional units
– **Bathrooms:** 2 bathrooms in total
– **Separate Tenant Entrance:** Ensures privacy for tenants and owners, making it ideal for rental income
### Investment andamp; Income Details
– **Current Monthly Income:** R25,200
– **Gross ROI:** 15.51%
– **Potential Expansion:**
andnbsp;andnbsp;- Conversion of the existing 5 bedrooms, 2 lounges, 2 kitchens, 2 basement rooms, and garage into a flatlet
andnbsp;andnbsp;- Estimated additional income: R23,000
– **Total Potential Income:** R48,200
– **Projected ROI after Conversion:** approximately **30%**
## Area andamp; Location Highlights
#### Educational Institutions (Closest First):
– **Closest Secondary School:** Acres Secondary School – 0.53 km (Private – Combined)
– **Braintrust College:** 0.58 km (Private – Secondary)
– **Galway Primary School:** 0.74 km (Public – Primary)
– **Germiston South Primary School:** 0.86 km (Public – Primary)
– **Cladelton International College:** 1.09 km (Private – Secondary)
– **Besek College:** 1.20 km (Private – Combined)
– **Individual Teaching College:** 1.33 km (Private – Primary)
– **Ekurhuleni Primary School:** 2.20 km (Public – Primary)
– **Germiston High School:** 2.40 km (Public – Secondary)
– **Afrikaanse Hoërskool Germiston:** 2.57 km (Public – Secondary)
#### Shopping andamp; Commercial Centres:
– **Closest Shopping:** Southern Square – 0.26 km
– **Shell Shop:** 0.47 km
– **Golden Walk Shopping Centre:** 0.60 km
– **Station Bazaar:** 0.78 km
– **Total Bonjour:** 1.10 km
– **Engen One Plus:** 1.38 km
### Summary
This property offers a lucrative investment opportunity with multiple income streams, spacious living areas, and excellent location proximity to educational institutions and shopping centers. The potential for increased rental income through conversion makes it a highly attractive option for investors seeking high ROI.
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