R4,399,000
Monthly Bond Repayment R47,672.27
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
R7,629
Inviting visionary investors to seize a golden opportunity! R52 000 monthly rental income.
This versatile property, currently thriving as fully occupied student accommodation, is now open for transformation. Imagine it as a charming bed and breakfast or a serene spa retreat—the possibilities are endless.
Featuring 13 meticulously designed rooms, each with private entrances, this property offers a personalized living experience for tenants, generating an impressive monthly revenue of approximately R52,000. Additionally, the main house boasts four spacious bedrooms, two full bathrooms (including a luxurious jacuzzi en-suite), a fully equipped kitchen, inviting lounge, dining room, and more.
Outdoor amenities include a substantial carport, advanced security system, borehole for water supply, and ample water storage capacity. Powered by 3-phase electricity, with existing Wi-Fi infrastructure, this property is ready for seamless ownership transition.
Positioned strategically with easy access to major routes, renowned schools, Nelson Mandela University, and just a stone's throw from the beach, this investment gem is a rare find. Don't miss your chance to make this investor's dream your reality!
Features
Interior
Exterior
Sizes
Extras
Borehole • Garden • Paving • Pets Allowed • Alarm • Smoking Allowed • Spa Bath • Balcony • Plaster finishes • 1 x outside shower • 3 x JoJo tank • StoreroomGet Email Alerts
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