Investment property. Monthly ROI is R 51 850-00 (if 100% let)
Ideal student accommodation/commune situated in the perfect location with lots of potential.
The main house comprises of five bedrooms (two of which are carpeted, two with wooden floors and one is tiled). Two full bathrooms service the main home. The lounge is tiled and leads from a spacious fitted kitchen which offers ample cupboard storage space. Flat 1 : Single tiled bedroom with built-in cupboards and own bathroom (shower only). Flat 2: Two tiled bedrooms with built-in cupboards own bathroom(shower only), a tiled lounge and kitchenette. Flat 3:Two tiled bedrooms with built-in cupboards, own full bathroom, kitchen and lounge Flat 4: Single bedroom with built-in cupboards, kitchen and full bathroom. Flat 5: Single bedroom with built in cupboards, kitchen and full bathroom Flat 6: Double bedroom with built-in cupboards, kitchen and full bathroom. Flat 7: Single bedroom with kitchen lounge and bathroom.
The property offers ample parking for 10 cars, an entertainment area with 3 bathrooms as well as a braai area.
This property conforms to all the requirements set out by the UFS and CUT