House For Sale in Fourways, Sandton

FOURWAYS PROPERTY CONVERTED TO A SUCCESSFUL HEALTH AND BEAUTY BUSINESS with the potential for a beauty spa, gym and coffee shop, guesthouse, AirBnB or residential home

Earn at least R70 000 per month from this income-generating property with current health and beauty industry tenants in place, each on a month-by-month lease, and a residential tenant in the flatlet. This property has nine beauty venues including a standalone, one bedroom cottage and an 18 sqm wooden cabin in the garden. It also has:

* One residential flatlet (leased)

* Six bathrooms

* Five pre-paid electricity metres

* 10 parking spaces on-site

* Borehole

* Swimming pool

* Council-approved building plans

This bright, attractive, well-maintained property with a welcoming entrance and lovely garden with a swimming pool, located between Fourways shopping precinct and Fourways Gardens Residential Estate, has run successfully as a heath and beauty business for many years. There are six rooms of varying sizes inside the house; an outside room with a shower and a kitchenette; a cottage with an open-plan lounge-kitchen and a separate bedroom with an en-suite shower room; and an 18 sqm wooden cabin, all being used by independent mini businesses conducting manicures, pedicures, facials, nail art, etc. There is, for example, a long room of about 10 sqm; a room with three cubicles; and an L-shaped, upstairs loft with a built-in bar.

There is also an independent flatlet comprising a lounge-bedroom and a bathroom, with use of the main kitchen in the house. A paying, long-term resident resides in this flatlet currently.

There are two double carports and space to park about 10 vehicles on the property, as well as designated street parking. The automated access gate has a new motor.

A new motor was recently installed in the swimming pool.

The property has three geysers (one of them is new), two airconditioners (one currently not operational), an electric fence, security bars and gates.

Building size: About 360 sqm | Land size: 1 216 sqm

Municipal rates (taxes): About R443 pm | Municipal water and sanitation: About R2 400 pm | Pikitup (refuse removal): About R485 pm