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8 Bedroom House Sold in Southernwood

R2,700,000


Monthly Bond Repayment R28,793.60
Calculated over 20 years at 11.5% with no deposit.

Web Ref No ECT46493

Investment Opportunity: B&B or Student Accomodation

The property is situated in a quiet and safe neighbourhood of Southernwood, East London, with easy access to public transport and essential amenities such as a supermarket, petrol station, and hospitals. The potential buyer of this property is immense, as it can cater to a range of markets such as business travellers, students, and working people. The furnishings and additional amenities add value to the property, making it an attractive investment opportunity for those looking to acquire a well-established B&B or student accommodation.

Furthermore, the property comes with an approved plan to build a double storey at the back, which gives the future owner the option of expanding by adding additional rooms for accommodation. This opportunity allows the new owner to potentially make long-term financial gains. With interest rates increasing all the time, this will benefit the owner by generating additional income and increasing the property value.

The property ensures good security with high walls and electric fencing all around, ensuring that residents can always stay safe within its boundaries with no risk of intruders or trespassers gaining access to the property. This provides peace of mind for the residents. The automated gate and the intercom system is also part of security and a reliable WiFi connectivity to cater to your technological needs.

It also offers a delightful living experience, as each room is thoughtfully equipped with its own TV, a convenient fridge bar, a comfortable bed, a working desk for work or study, and a well-appointed kitchenette. The rooms also feature spacious built-in cupboards. Additionally, the property has transformed the garage into a convenient and practical laundry area. This setup includes washing machines, making your laundry chores easy.

One notable advantage of this house is its provision of a generator. With load shedding challenges that occur from time to time, having a generator ensures that you will have uninterrupted power supply, providing you with peace of mind and convenience.

A must-see!!! Please call Saira now to make an appointment to view this home before someone else snaps it up.

Features

Bedrooms 8
Security Yes
Bathrooms 9
Recep. Rooms 1
Garages 1
Land Size 759m²
Carports/Parkings 1
Monthly Rates R2,942.00
Extras

Built In Braai
Alarm System
Security Gate
Kitchen: Original
Main Bedroom: Double
Main Bedroom: Built-in-robe
Ensuite: Separate Shower
Bedroom 2: Double
Bedroom 2: Built-in / Wardrobe
Bedroom 2: Additional Info
Bedroom 3: Double
Bedroom 3: Built-in / Wardrobe
Bedroom 3: Additional Info
Bedroom 4: Double
Bedroom 4: Built-in / Wardrobe
Bedroom 4: Additional Info
Main Bathroom: Separate Shower
Laundry: In Garage
Window Coverings: Drapes
Heating / Cooling: Ceiling Fans
Heating / Cooling: Electric
Land Contour: Flat
Window/door Frames: Aluminium
Water Supply: Town Supply
Water Supply: Bore
Sewerage: Mains
Security: Electric Fencing
Security: Intercom

Agent Contact Details

Saira Meeajane
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 333 128 8)

Cell 078 601 7064
Office (043) 7431410
WhatsApp Me

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