- 26
- 20
- 2
- 2 508 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 940.00
Property description
I am proud to introduce my SOLE MANDATE . An investment property that, up until now, you could only have dreamed of owning. These two, very well established student houses cater for female students and can boast of a 95% occupancy rate even right through COVID times when the NWU was closed. The first house is still occupied by the owner and this offers the potential for 8 further student rooms when the property is vacated.
If the houses are converted to NSFAS accommodation most of the en suite rooms will accommodate 2 students and the house space currently occupied by the owner would accommodate another 14 students minimum.
Accommodation ranges from a few smaller rooms which share a bathroom , large single en suite bedrooms, bachelor flats and a full 1 bedroom flat. All have built-in cupboards and desks. Students supply their own bed and fridge. 23 Secure carports for the students cars; although it it has an excellent location very close walking distance to the NWU entrances and the malls. The 2nd house has 2 large kitchens, a huge living area and a laundry for the use of the students. loadshedding isn't a problem as there are 3 large inverters, wifi, cameras and alarm for security. A very safe and secure property. All these services, electricity and weekly cleaning of the flats is included in the students monthly rental.
PROPERTY 1
OWNER'S QUARTERS
3 bedrooms
1.5 bathrooms
huge living room
large study
kitchen
2 garages
wendy house
3 rooms sharing a bathroom adjoin the main house
5 separate bachelor flats
PROPERTY 2
Main House
3 smaller rooms which share a bathroom
6 large en suite rooms
1x 1 bedroom full flat
2 kitchens
huge living room
laundry
AND 4 separate bachelor flats
Available for viewing from 16th August so contact me to secure an appointment to view.
Property Details
- 26 Bedrooms
- 20 Bathrooms
- 2 Garages
Property Features
- Garden
- Family TV Room
| Bedrooms | 26 |
| Bathrooms | 20 |
| Garages | 2 |
| Erf Size | 2 508 m2 |
