R 3,500,000
Lucrative Investment property with Student Rental Potential for SALE only R3,500 000 R3,500,000.00
Ref # 2345119 : Highveld Ext 12 , Centurion , Gauteng
Property Details
This is a great investment property. The house is in a quiet area and has 6 different rooms, each with its own full bathroom. Students rent for years, while studying at colleges nearby. Income is R30,000pm from the rentals.
One large kitchen is available for 2 rooms, the other rooms have a kitchenette, with a fridge and stove.
All the rooms have a TV and study desk, double bed and bathroom and fridge. (not included in the price)
Students pay R6,500-R7,500-R8,000 pm, depending on size of room/flatlet
A beautiful pool and covered patio with braai are available, when needed.
Secure with ADT, Electric fencing, cameras outside and an inside alarm. Electronic gate.
Enough parking space and covered parking for 2 cars.
At the back of the house is a vacant land with building plans included to enlarge the student's accommodation or build another house.
Once a week the rooms are cleaned by a cleaner and laundry are done (extra cost)
This is a gem of a property if interested in passive income. If needed for a family house? It can be converted back to a 3-bedroom house.
Like to view? make an appointment asp or just WhatsApp your agent.
Property Features
- Property Type House
- Beds 6
- Bath 6
- Carports 1
- Pool Yes
- Building Size 375m²
- Land Size 1,035m²
- Living Area 2
- Study 1
- Grade C4
- Bedroom The 2 Flatlets has each 1 bedroom. On the ground floor is also 2 bedrooms. On the First floor is also 2 bedrooms
- Bathroom Every room and flatlet have a full bathroom
- Security ADT security and Electric fencing, also cameras on the outside.
Associated Costs
- Rates & Taxes ± 1627
Location
Enquiry
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