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13 Bedroom Room For Sale in Ongoye

R2,000,000


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
Extras

Backup Water
En Suite
Electricity Included

Agent Contact Details

Silindile Mthembu
Maxprop Empangeni

Cell 0604994423
Office (035) 7727208
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