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R1,150,000

5 bedroom house for sale in Westdene

5 Beds
3 Baths
496m²
Pool
Pets Allowed
House For Sale In Westdene

Investment Property Write-Up: Premium Student Accommodation

Overview:

Introducing a premier investment opportunity in the heart of the college district—an exceptional student accommodation property featuring 5 bedrooms, 3 bathrooms, and ample parking for 4 vehicles. This well-maintained residence is ideal for investors looking to capitalize on the booming student rental market while providing a comfortable living environment for tenants.

Property Highlights:

- Bedrooms: 5 spacious bedrooms, each designed for comfort and privacy. The layout promotes a conducive study environment while also allowing for social interaction among residents.

- Bathrooms: 3 modern bathrooms, ensuring that residents have easy access and minimizing wait times during busy mornings. Each bathroom is equipped with contemporary fixtures and ample storage space.

- Parking: The property offers covered parking for up to 4 cars, a significant advantage in a rental market where parking can be scarce. This feature enhances the property's appeal to students with vehicles, ensuring convenience and security.

- Living Spaces: An inviting common living area that promotes a communal atmosphere. The kitchen is fully equipped with modern appliances, ideal for shared cooking and dining experiences.

- Outdoor Space: A landscaped yard provides a perfect setting for outdoor activities or relaxation. A patio area could serve as an additional social space, particularly during warmer months.

- Location: Situated within walking distance of major universities and colleges, public transportation, and essential amenities—such as grocery stores, cafes, and restaurants—this property is strategically located to attract student renters.

- Investment Potential: With the growing demand for student housing, this property presents a lucrative opportunity for cash flow and appreciation. The configuration and location make it easy to market to prospective tenants.

Upgrades and Features:

- Recent renovations include fresh paint, upgraded flooring, and modern appliances, ensuring low maintenance and high tenant satisfaction.

- Energy-efficient windows and insulation contribute to lower utility costs, making it an attractive option for budget-conscious students.

- High-speed internet connectivity is wired, catering to the essential needs of today's tech-savvy students.

Conclusion:

This 5-bed, 3-bath student accommodation property is not just a house; it’s a strategic investment with the potential for excellent returns. With its prime location, sufficient amenities, and modern touch, this property is poised to attract reliable tenants year after year. Don’t miss your chance to add this gem to your investment portfolio!

Contact Information:

For inquiries or to schedule a viewing, please

Property Type
House
Bedrooms
5
Bathrooms
3
Building Size
496m²
Living Area
2
Study
1
Covered Parking
4
Pool
Yes
Pets Allowed
Yes
Reference
7002001-71309
Property history
Listed for sale at R1,299,000
26 Oct 2024
Price reduced by 3.8% to R1,250,000
30 Oct 2024
Price reduced by 8% to R1,150,000
12 Nov 2024
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