This opportunity offers you a home for yourself and 1 Loft Unit with 2 one-bedroom flats and 6 bachelor flats with ample covered parking for everybody. The house features a refreshing swimming pool, perfect for relaxation and enjoyment during warm summer days with a Lapa.
The house features 3 bedrooms and 2 bathrooms, a lovely kitchen and separate scullery. The living room is very spacious with an open plan to form part of the kitchen. The dining area is currently in the enclosed lapa area. The house has a drive through double garage with an attached study.
The second house on the premises were changed into a Loft Unit and 6 bachelor flats, with a communal dining room and kitchen although each unit has its own kitchenette and shower with basin.
There are 2 bachelors on the outside with entrances of their own. Each has their own bathrooms with showers and a joint patio.
As you enter the premises there are 3 flats with their own entrances and bathrooms with showers. 2 Bachelors and 1 one-bedroom unit.
This property is thus presenting a lucrative investment opportunity for student accommodation.
These units are already NSFAS accredited and generate a substantial income and can assist you with the bond payment.
Investing in student accommodation can be a wise choice, as it provides a steady stream of tenants due to the consistent demand for housing among students. This property's proximity to educational institutions and its attractive amenities, such as the swimming pool, and situated in a pan handle, make it an appealing choice for students seeking comfortable and convenient living arrangements. This property also offers the added security of an electric fence, providing peace of mind for both residents and investors.
While I can describe the property to you, it truly needs to be seen in person to fully appreciate its charm and all the amenities it has to offer. Do not miss out on this investment property.
Contact me today for a viewing.