R3,995,000
R3,995,000
Monthly Bond Repayment R43,294.10
Calculated over 20 years at 11.75% 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
Near Highway • Near Motorway • Built In Braai • Near Hospital • Near Public Transportation • Solar Panels • Near Children's Park • Shower • Near Shops • Water - Tank • Near Railway station • Near Congress-Centre • Fibre • Safe Location • Near Park • Near Medical Center • Near Airport • Near Fitness centre • Washing Facilities(in building) • Near Golf Course • On Quiet Road • Battery/Backup Inverter • Built in Wardrobes • Near Shopping Mall • Near University/Campus
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