Web Ref RL2306
R16,999,000
Monthly Bond Repayment R184,219.36
Calculated over 20 years at 11.75% with no deposit.
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Monthly Rates
R4,500
R4,500
Investment Opportunity in a Prime Location!
Welcome to your next lucrative investment in one of the most sought-after areas! This expansive 19-bedroom property, priced at R16,999,000, offers a unique opportunity for both homeowners and investors alike.
Key Features:
Size: With 19 bedrooms spread across three floors, this property boasts ample space for various living arrangements.
Income Potential: Currently, 18 bedrooms are utilized as student rooms, generating steady rental income. Take advantage of this income stream or explore other possibilities for maximizing returns.
Luxurious Touches: While not ultra-modern, the property features a charming main bedroom with a balcony and a spacious en-suite bathroom, providing a comfortable retreat.
Abundant Bathrooms: With 12 bathrooms in total, convenience is never compromised, ensuring smooth living arrangements for occupants.
Versatile Spaces: transform one of the rooms into a salon, catering to the growing demand for on-site amenities and services.
Functional Kitchen: The large kitchen equipped with two gas stoves and elegant granite tops offers a perfect space for culinary endeavors and communal dining experiences.
Location:
Situated in a sought-after area, residents enjoy easy access to local amenities, transportation, and educational institutions, making it an ideal choice for students or anyone seeking convenience and connectivity.
Don't miss out on this incredible opportunity to invest in a property with immense potential. Contact us today to schedule a viewing and secure your stake in this thriving market!
Key Features:
Size: With 19 bedrooms spread across three floors, this property boasts ample space for various living arrangements.
Income Potential: Currently, 18 bedrooms are utilized as student rooms, generating steady rental income. Take advantage of this income stream or explore other possibilities for maximizing returns.
Luxurious Touches: While not ultra-modern, the property features a charming main bedroom with a balcony and a spacious en-suite bathroom, providing a comfortable retreat.
Abundant Bathrooms: With 12 bathrooms in total, convenience is never compromised, ensuring smooth living arrangements for occupants.
Versatile Spaces: transform one of the rooms into a salon, catering to the growing demand for on-site amenities and services.
Functional Kitchen: The large kitchen equipped with two gas stoves and elegant granite tops offers a perfect space for culinary endeavors and communal dining experiences.
Location:
Situated in a sought-after area, residents enjoy easy access to local amenities, transportation, and educational institutions, making it an ideal choice for students or anyone seeking convenience and connectivity.
Don't miss out on this incredible opportunity to invest in a property with immense potential. Contact us today to schedule a viewing and secure your stake in this thriving market!
Features
Pets Allowed
Yes
Interior
Bedrooms
19
Bathrooms
12
Kitchen
1
Reception Rooms
1
Study
1
Furnished
No
Exterior
Security
Yes
Parkings
10
Pool
No
Sizes
Floor Size
355m²
Land Size
508m²
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