R3,995,000
R3,995,000
Monthly Bond Repayment R41,917.78
Calculated over 20 years at 11.25% with no deposit.
Change Assumptions
R2,900
Rare offering of 6-Bedroom Student Accommodation
EXCLUSIVE SOLE MANDATE: (Agents please respect the mandate, don't bother the occupants of the property)
Presenting an outstanding investment opportunity in a Deceased Estate: a 6-bedroom house perfectly suited for student accommodation. This property is currently available with rental contracts extending until the end of the year, offering immediate rental income potential. Despite not being fully let due to the passing of the previous owner, this property stands out as a prime choice for astute investors.
Property Features:
* 6 Spacious Bedrooms
* 3 Bathrooms
* 2 Parking bays
* Cozy Lounge with Fireplace
* Large Kitchen
* Laundry
* Inviting Swimming Pool
* Beautiful Garden
* Built-in Braai on Patio
Additional Highlights:
* Plot Size: 451 sqm
* Adjacent Plot Also for Sale: 258 sqm (also offers student accommodation)
* Zoning: GR4 (Potential for redevelopment into a block of flats, subject to City of Cape Town approval)
* Prime Location: Close to Kelvin Grove, Cavendish Square, vibrant restaurants, parks, and major arterial roads
This property, along with the neighboring plot, offers a unique opportunity for either redevelopment or continued use as high-demand student housing.
Don't miss out on this exceptional investment. For a private viewing or further inquiries, please contact us today.
Invest in a prime location with tremendous potential and enjoy the benefits of this remarkable property!
Features
Interior
Exterior
Sizes
Extras
Built in Wardrobes • Near Public Transportation • Near University/Campus • Near Golf Course • Near Hospital • On Quiet Road • Near Fitness centre • Near Motorway • Fibre • Washing Facilities(in building) • Shower • Built In Braai • Near Shops • Near Medical Center • Near Children's Park • Solar Panels • Near Park • Near Congress-Centre • Water - Tank • Near Railway station • Near Highway • Safe Location • Near Airport • Battery/Backup Inverter • Near Shopping Mall
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