SOLD
7 Bedroom House Sold in Universitas
R1,899,000
Monthly Bond Repayment R19,601.25
Calculated over 20 years at 11.0% with no deposit.
Web Ref
RNR22504
Monthly Rates
R1,500
Great investment!!
Exclusive Mandate
An outstanding investment opportunity for those seeking to capitalize on the student accommodation market! This well-located student house can currently generating a potential monthly income of R35 000, offering both immediate returns and future development possibilities.
This property features seven bedrooms is ideally situated close to universities, transport links, and amenities. With the possibility of converting the double garage into two additional bedrooms and a bathroom, the potential for growth is substantial.
Separate staff quarters with its own toilet for additional rental or staff use
Fully functional kitchen with all necessary amenities, including a separate laundry area for convenience. Carport for extra parking, plus plenty of open parking space for tenants and guests
Garden area and a swimming pool, though currently not in working condition, with potential for renovation and enhancement.
Burglar bars and security gates for safety.
This property offers great investment potential with steady income flow and the possibility for further expansion. Perfect for savvy investors looking to maximize rental returns in a prime location. Don’t miss out on this opportunity, contact me today to schedule a viewing!
An outstanding investment opportunity for those seeking to capitalize on the student accommodation market! This well-located student house can currently generating a potential monthly income of R35 000, offering both immediate returns and future development possibilities.
This property features seven bedrooms is ideally situated close to universities, transport links, and amenities. With the possibility of converting the double garage into two additional bedrooms and a bathroom, the potential for growth is substantial.
Separate staff quarters with its own toilet for additional rental or staff use
Fully functional kitchen with all necessary amenities, including a separate laundry area for convenience. Carport for extra parking, plus plenty of open parking space for tenants and guests
Garden area and a swimming pool, though currently not in working condition, with potential for renovation and enhancement.
Burglar bars and security gates for safety.
This property offers great investment potential with steady income flow and the possibility for further expansion. Perfect for savvy investors looking to maximize rental returns in a prime location. Don’t miss out on this opportunity, contact me today to schedule a viewing!
Features
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
1.5
Kitchen
1
Reception Rooms
2
Furnished
No
Exterior
Garages
2
Security
Yes
Parkings
2
Pool
Yes
Sizes
Floor Size
242m²
Land Size
1,487m²

Elri van Jaarsveld
Non-Principal Property Practitioner Registered with PPRA(FFC 2023326428)
Cell 084 951 5502
Office 051 430 4790