Monthly Bond Repayment R18,022.66
Calculated over 20 years at 11.5% with no deposit.
Web Ref No RL28800
Spacious Family Home with Income Potential
This property presents an excellent opportunity for either a spacious family home or to be converted into a profitable student accommodation. The house features 4 bedrooms, 3.5 bathrooms, and 2 generously sized living areas, and a dining area seamlessly connected to the kitchen, making it ideal for both comfortable family living and shared student housing.
The property also boasts a swimming pool and a lapa, perfect for outdoor relaxation and entertainment.
Located just 2.5 km from the university’s entrance gate, it offers incredible potential with a rental income of R27,000 per month, accommodating up to 9 students, the outside building can easily be converted into a bachelor flat, further increasing its rental appeal.
Whether you’re an investor looking for a reliable income stream or a family seeking a large home in a prime location, this property ticks all the boxes.
Contact us today to arrange a viewing and secure this fantastic opportunity.