R2,485,000
Monthly Bond Repayment R25,649.88
Calculated over 20 years at 11.0% with no deposit.
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Investor’s Dream – Spacious Four Bedroom Home with Three Flatlets, Ideal for Student Accommodation
DUAL MANDATE
This neat and well-kept property is a rare opportunity for investors, particularly those seeking to tap into the student rental market. Offering versatility, space, and excellent income-generating potential, this home is perfectly suited for conversion into a student house or multi-tenant rental.
Main Residence Features:
• Four spacious bedrooms and two bathrooms
• Open-plan living and dining area for communal use
• Modern, well-equipped kitchen with scullery and separate laundry, and second kitchen
• Private study – ideal for work or study
• Staff quarters and a Wendy house for additional storage or utility use
Flatlets:
• 2 Spacious Flatlets – Each featuring a living area, kitchenette, bedroom with built-in cupboards, and a bathroom
• 1 Bachelor Flat – Ideal for single-occupant rental
Outdoor & Entertainment:
• Covered Lapa with built-in braai – perfect for relaxation or social gatherings
• Ample parking space with 6 shaded carports plus additional open parking
Extras & Security:
• Irrigation system for easy garden maintenance and grey water tanks.
• Four geysers: 1 x 200L solar geyser, 1 x 150L, and 2 x 100L – ensuring efficient hot water supply
• Burglar bars, security gates, and a full alarm system for peace of mind
This property offers a fantastic combination of space, functionality, and investment potential. Whether you’re looking to house students, extended families, or generate multiple rental incomes, this home ticks all the boxes.
Extras
Alarm System; Flatlet; Wendy House; Staff Quarters Domestic Rooms; Washing Machine Connection; Dishwasher Connection; Gas Hob; Blinds; Burglar Bars; Irrigation System; Water Tank
