Monthly Bond Repayment R21,328.59
Calculated over 20 years at 11.5% with no deposit.
Web Ref No RL6107
*Investment Opportunity: 13 Room Rental Property with Potential for Expansion*
Welcome to this exceptional investment opportunity, perfectly suited for savvy investors and entrepreneurs. This expansive property boasts 13 individual rooms, each with its own ensuite bathroom, offering a unique chance to generate substantial rental income.
*Features:*
- 13 spacious rooms with ensuite bathrooms, providing privacy and comfort for tenants - Some rooms require TLC and finishing touches, allowing for customization and personalization - Jojo tank for backup water supply, ensuring continuous water access - Fully fenced property, offering security and peace of mind - Expansive yard, providing ample space for additional rooms or expansion
*Investment Potential:*
- Ideal for conversion into student accommodation, catering to the growing demand for student housing - Potential for substantial rental income, with 13 individual rooms - Opportunity to add value through renovations and finishing touches - Perfect for investors seeking a lucrative opportunity in the rental market
*Expansion Opportunities:*
- Big yard allows for additional rooms or structures to be added, increasing rental income potential - Possibility to build a communal area or amenities, enhancing the property's appeal to tenants
Don't miss out on this exceptional investment opportunity. Contact us to schedule a viewing and take the first step towards unlocking the property's full potential!
Features
Bedrooms 13
Bathrooms 13
Floor Size 800m²
Land Size 1,600m²
Monthly Levy R1.00