Prime Residential 14 Bedroom Complex
This residential property features a well-structured layout designed for optimal tenant comfort and convenience. The complex comprises:
MAIN HOUSE
1 x Four Bedroom House, Kitchen, Ample living space, Dining room, Laundry room, Double Garage with its own entrance.
3 x 2 Bedroom Units
- Configuration: Each unit includes a modern kitchen, a spacious bathroom, and an open-plan lounge and dining area.
- Features: These units are perfect for small families or students, providing a cozy yet functional living space.
1 x 3 Bedroom Unit
- Configuration: This larger unit boasts a fully-equipped kitchen, a stylish bathroom, and an expansive open-plan lounge and dining area.
Ideal For: Families or groups seeking a more spacious accommodation option.
Additional Unit
1 x Bachelor Unit, with Modern and neat Kitchen
MAIN HOUSE
1 x Four Bedroom House, Kitchen, Ample living space, Dining room, Laundry room, Double Garage with its own entrance.
Property Highlights
- Total Lettable Area: 557sqm, ensuring ample space for all units.
- Zoning: Zoned for Residential 2, suitable for multifamily living.
- Location: Conveniently located near various shops, Schools, New Hospital and Savanna Mall, making it ideal for students and working professionals.
- Parking: Ample parking available for tenants, enhancing accessibility.
- Utilities: All units feature pre-paid electricity facilities and Solar Geyser
- Water Supply: Equipped with a robust borehole feeding into two 5000L tanks, ensuring reliable water supply.
Financials
- Current Rental Income: R40,000.00 per month, presenting a lucrative investment opportunity.
- Potential: Ideal for investors looking to capitalize on the growing demand for student accommodation and rental properties.
This property is an investment not to be missed, combining convenience, comfort, and consistent rental income potential. Don’t miss your chance to secure this lucrative asset!
