- 4
- 3
- 2
- 1 061 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 3000.00
Property description
This spacious four-bedroom house, currently utilized as student accommodation, presents an exceptional investment opportunity. Featuring four bedrooms, three bathrooms, and a communal lounge and kitchen, it caters to the needs of student residents. Additionally, the property offers four office spaces and two self-contained offices, accommodating businesses and professionals. With ample parking space for around 10 cars and two road frontages, this multifaceted property generates a consistent monthly income of 35k plus, making it a lucrative and versatile asset.
This property's prime location and versatile layout make it an attractive investment option. With a steady flow of rental income from the student accommodation, additional income from office rentals, and ample parking space, it offers a diverse revenue stream. Its strategic positioning and profitability potential make it a compelling investment for those seeking a stable and income-generating property.
Property Details
- 4 Bedrooms
- 3 Bathrooms
- 2 Garages
- 3 Ensuite
- 1 Lounges
- 1 Dining Area
Property Features
- Balcony
- Staff Quarters
- Laundry
- Storage
- Access Gate
- Alarm
- Scenic View
- Sea View
- Guest Toilet
- Garden
- Intercom
| Bedrooms | 4 |
| Bathrooms | 3 |
| Garages | 2 |
| Erf Size | 1 061 m2 |
Contact the Agent
Mohamed Khan
Candidate Property Practitioner