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R1,150,000

Monthly Bond Repayment R12,066.44
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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5 Bedroom House For Sale in Westdene

**Investment Property Write-Up: Premium Student Accommodation**


**Overview:**
Introducing a premier investment opportunity in the heart of the college district—an exceptional student accommodation property featuring 5 bedrooms, 3 bathrooms, and ample parking for 4 vehicles. This well-maintained residence is ideal for investors looking to capitalize on the booming student rental market while providing a comfortable living environment for tenants.


**Property Highlights:**


- **Bedrooms:** 5 spacious bedrooms, each designed for comfort and privacy. The layout promotes a conducive study environment while also allowing for social interaction among residents.

- **Bathrooms:** 3 modern bathrooms, ensuring that residents have easy access and minimizing wait times during busy mornings. Each bathroom is equipped with contemporary fixtures and ample storage space.


- **Parking:** The property offers covered parking for up to 4 cars, a significant advantage in a rental market where parking can be scarce. This feature enhances the property's appeal to students with vehicles, ensuring convenience and security.


- **Living Spaces:** An inviting common living area that promotes a communal atmosphere. The kitchen is fully equipped with modern appliances, ideal for shared cooking and dining experiences.


- **Outdoor Space:** A landscaped yard provides a perfect setting for outdoor activities or relaxation. A patio area could serve as an additional social space, particularly during warmer months.


- **Location:** Situated within walking distance of major universities and colleges, public transportation, and essential amenities—such as grocery stores, cafes, and restaurants—this property is strategically located to attract student renters.


- **Investment Potential:** With the growing demand for student housing, this property presents a lucrative opportunity for cash flow and appreciation. The configuration and location make it easy to market to prospective tenants.


**Upgrades and Features:**


- Recent renovations include fresh paint, upgraded flooring, and modern appliances, ensuring low maintenance and high tenant satisfaction.

- Energy-efficient windows and insulation contribute to lower utility costs, making it an attractive option for budget-conscious students.


- High-speed internet connectivity is wired, catering to the essential needs of today's tech-savvy students.


**Conclusion:**
This 5-bed, 3-bath student accommodation property is not just a house; it’s a strategic investment with the potential for excellent returns. With its prime location, sufficient amenities, and modern touch, this property is poised to attract reliable tenants year after year. Don’t miss your chance to add this gem to your investment portfolio!


**Contact Information:**
For inquiries or to schedule a viewing, please

Features

5
3
2
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
3
Kitchens
1
Reception Rooms
3
Studies
1
Exterior
Garages
2
Carports / Parkings
4
Flatlet
1
Pool
Yes
Sizes
Floor Size
496m²
Extras
Old Building • Concrete • Washing Facilities(in building) • Open • Near Children's Park • Near Fitness centre • Near Hospital • Kitchen - Extra • Fireplace Room • North East • Wood • On Quiet Road • Staff Accommodation • Near Schools • Near Subway • Covered Parking • Garage • High Speed Internet • En-suite Bathroom • Near Bus • Fibre • Entrance Hall • Near Highway • Stone • 2 Car Garage • Near Motorway • Common Areas • Siding • Upgraded Bathroom • Washing Facilities (in apartment) • Near Shopping Mall • Garage with Automatic Door • Near Public Transportation • Needs Renovation • Frequency location • Safe Location • Modern • Glass Siding • Insulated • Built in Wardrobes • Near Park • Brick • Eat-in Kitchen
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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Joint Total Expenses
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MONTHLY REPAYMENTS

 

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Monthly Payment

12,066.44

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