R1,195,000
Monthly Bond Repayment R12,743.83
Calculated over 20 years at 11.5% with no deposit.
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Monthly Rates
R989
R989
A FAMILY HOME ADAPTED TO PROVIDE A GOLDMINE IN STUDENT ACCOMMODATION IN POPULAR WESTDENE
Unlock a lucrative investment opportunity in this expertly converted home, perfectly suited for student accommodation.
The layout is perfect where the internal design boasts spacious rooms, each serving as a bedroom and study area, surrounding a central communal area with dining, lounge and recreational space a perfect integration of student requirements.
The accommodation features 5 generous bedrooms, 2 upstairs and 3 downstairs, 3 bathrooms all with showers one of which is upstairs in the en-suite.
A sprawling kitchen with a large eating area and free-standing wood burning fireplace.
Tandem garage for 2 cars with direct access to the kitchen and secure off street parking for 5 cars.
Security is excellent with a automated fully screened gate plus a pedestrian gate. The property is fully walled alarmed and has beams in the garden area.
WiFi connected.
Although the house has been realigned to accommodate student requirements it can easily be converted back into a large comfortable family home.
The garden is very easy maintenance.
Located in close proximity to UJ, WITS and AFDA and close to main arterial routes, bus route and general transport facilities, shopping centres and convenience stores. Not to mention medical clinics. The UJ sporting grounds are also in easy reach.
This property provides that excellent mix of location, accommodation and good returns with a project income stream of in excess of 15%.
This is an opportunity not to be missed.
To arrange a private viewing please contact the agents.
The layout is perfect where the internal design boasts spacious rooms, each serving as a bedroom and study area, surrounding a central communal area with dining, lounge and recreational space a perfect integration of student requirements.
The accommodation features 5 generous bedrooms, 2 upstairs and 3 downstairs, 3 bathrooms all with showers one of which is upstairs in the en-suite.
A sprawling kitchen with a large eating area and free-standing wood burning fireplace.
Tandem garage for 2 cars with direct access to the kitchen and secure off street parking for 5 cars.
Security is excellent with a automated fully screened gate plus a pedestrian gate. The property is fully walled alarmed and has beams in the garden area.
WiFi connected.
Although the house has been realigned to accommodate student requirements it can easily be converted back into a large comfortable family home.
The garden is very easy maintenance.
Located in close proximity to UJ, WITS and AFDA and close to main arterial routes, bus route and general transport facilities, shopping centres and convenience stores. Not to mention medical clinics. The UJ sporting grounds are also in easy reach.
This property provides that excellent mix of location, accommodation and good returns with a project income stream of in excess of 15%.
This is an opportunity not to be missed.
To arrange a private viewing please contact the agents.
Features
Pets Allowed
No
Interior
Bedrooms
5
Bathrooms
3
Kitchen
1
Reception Rooms
2
Furnished
No
Exterior
Garages
1
Security
No
Parkings
5
Pool
No
Sizes
Floor Size
200m²
Land Size
496m²