South Africa

Contemporary Glenvista Home with Income Potential

A contemporary family home in Glenvista EXT 5, Johannesburg, “has everything going for it—including income potential.” That’s the word from Park Village Auctions’ Stephen Benjamin, who says the sale represents a favourable opportunity for a family to offset bond repayments.

Stephen: “The house is spacious, well-kept, and the face brick façade is low-maintenance. By that alone, the property already has a lot going for it. Add to that its desirable locality, with a flatlet (with private entrance and exit), and now you have a home that helps pay for itself.”

The property is located at number 246 Vorster Avenue, Glenvista extension 5, on a 1025 square metre stand. The main house features three spacious bedrooms, two and a half bathrooms (one en-suite), an open-plan lounge, a dining room, and a playroom or study. The recently renovated kitchen boasts a neat breakfast nook, granite tops, and a gas hob.

The double garage is automated and has wall-to-wall built-in-cupboards, which Stephen says lends itself to conversion into a bedroom. Though, considering that there is “plenty of room to build on,” it may not be necessary.

Additional features include a paved driveway with ample parking space for guests, a wrap-around garden and a patio that offers “magnificent views of the mountains,” a sauna, and a lapa. The property has an alarm system linked to a local security company.

Stephen notes that the two-bedroom self-contained living area requires some renovation to make it lettable. “The current layout has a studio apartment feel. One could keep with that or opt for a small single-family home. Either way, Glenvista is a sought-after area that attracts respectable tenants,” concludes Stephen.

Glenvista EXT 5 is an affluent suburb in Johannesburg South with world-class amenities and facilities. The property enjoys proximity to several private and public schools, shopping malls, sports grounds, the Klipriversberg Nature reserve, and it is directly opposite the Sid Brews-designed Glenvista Country Club.

The auction will be held onsite at 11 am on Tuesday the 21st of June. Viewing can be arranged by appointment by contacting Stephen Benjamin on 082 577 9737.

For more information, please visit www.parkvillageauctions.co.za, reference number 967.

× How can we help you?