• 9
  • 5
  • 330 m2
  • 1 360.0 m2

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Mun. Rates & Taxes: ZAR 1514.00

Property description

For the last 10 years the house is mainly being used for student accommodation, great investment opportunity, it currently generates R30 000 rental income pm.

The swimming pool requires attention, or be filled up offering more space for future development. 

 Established garden with sprinkler system.

As you enter the house, you will find;

x3 Bachelor flats with its own bathrooms.

x4 Bedrooms in the house, sharing 1 bathrooms, kitchen, family lounge with a fire place.

x1 Bedroom with on suite bathroom ( Original Main Bedroom ) 

x1 Room outside the house. 

This home has the potential to be renovated in a luxurious family home, or be used as an investment opportunity for more student accommodation. ( Location is ideal, and close to Inscape college, Menlyn Maine, schools, N1 and R21)  

Please note: current tenants will require x2 months notice (current rental income R30 000 pm)

Contact Roume' Groenewald to arrange a viewing

Property Details

  • 9 Bedrooms
  • 5 Bathrooms
  • 1 Ensuite
  • 1 Lounges

Property Features

  • Patio
  • Pets Allowed
  • Kitchen
  • Lapa
  • Built In Braai
  • Fire Place
  • Pantry
  • Guest Toilet
  • Paving
  • Garden
  • Family TV Room