6 Bedroom Freehold For Sale in Summerstrand
R2,150,000
32 Arkhon Street
Monthly Bond Repayment R22,559.00
Calculated over 20 years at 11.25% with no deposit.
Web Ref No RL18516
Summerstrand property, student accomodation.
This student accommodation property boasts sustainable finishes throughout, durable face brick and versatile double roman cement roof tiles for easy roof maintenance. Surrounded by spacious garden and courtyard areas providing a pleasant open atmosphere. Security aspects include a fully enclosed perimeter, camera surveillance and a main driveway entrance sliding gate and motor ensuring controlled access. Inside the property offers 3 bedrooms that can be shared or occupied as single private rooms of which the main bedroom has a spacious en-suite, in addition there is a living area that has been converted into a fourth bedroom with it's own separate entrance. A communal bathroom services all remaining bedrooms.
Notably three of the bedrooms have separate external access to a communal patio allowing additional socializing or relaxation which feeds off an indoor braai/dinning room. Open plan lounge and modern kitchen equipped with scullery for dishes, washing etc. For vehicle owners, a spacious double garage is available accommodating two cars and consideration for expansion with proper permissions. In addition a flatlet attached to the main dwelling with two bedrooms with there own separate entrances sharing a kitchen and bathroom unique to these two rooms.
Secure on-site parking is provided behind locked gates ensuring the safety of vehicles. The property's advantageous location near the university's new entrance makes it an excellent investment opportunity and a lucrative source of income right from the start. Currently there are leases in place which transfer to new owner upon registration all running until the end of the relevant academic year. There are various options available in terms of management, there is written consensus from the relevant entities to function as intended, contents included as per seller's inventory, financial details are available upon request. Create your very own income generating concern, reside and rent or reinstate this property for residential purposes, feel free to contact me for further information on this remarkable opportunity.
Notably three of the bedrooms have separate external access to a communal patio allowing additional socializing or relaxation which feeds off an indoor braai/dinning room. Open plan lounge and modern kitchen equipped with scullery for dishes, washing etc. For vehicle owners, a spacious double garage is available accommodating two cars and consideration for expansion with proper permissions. In addition a flatlet attached to the main dwelling with two bedrooms with there own separate entrances sharing a kitchen and bathroom unique to these two rooms.
Secure on-site parking is provided behind locked gates ensuring the safety of vehicles. The property's advantageous location near the university's new entrance makes it an excellent investment opportunity and a lucrative source of income right from the start. Currently there are leases in place which transfer to new owner upon registration all running until the end of the relevant academic year. There are various options available in terms of management, there is written consensus from the relevant entities to function as intended, contents included as per seller's inventory, financial details are available upon request. Create your very own income generating concern, reside and rent or reinstate this property for residential purposes, feel free to contact me for further information on this remarkable opportunity.
Features
Bedrooms 6
Security Yes
Bathrooms 3
Flatlet 2
Recep. Rooms 2
Floor Size 337m²
Garages 2
Land Size 779m²
Carports/Parkings 4
Furnished Yes
Monthly Rates R2,084.00
Security Yes
Bathrooms 3
Flatlet 2
Recep. Rooms 2
Floor Size 337m²
Garages 2
Land Size 779m²
Carports/Parkings 4
Furnished Yes
Monthly Rates R2,084.00
Extras
Breakfast Nook
Built In Braai
Driveway
Open Plan Kitchen
Perimeter Wall
Conventional
Wood Window
Agent Contact Details
Quentin Strooh
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 332 857 1)
Cell 083 381 4481
Office (041) 3730711
WhatsApp Me
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 332 857 1)
Cell 083 381 4481
Office (041) 3730711
WhatsApp Me
Message the Agent
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