6 Bedroom Freehold For Sale in Summerstrand

R2,450,000

32 Arkhon Street

Monthly Bond Repayment R26,550.82
Calculated over 20 years at 11.75% with no deposit.

Web Ref No RL18516

Summerstrand property, student accomodation.

Exclusive Mandate! This exceptional student accommodation property boasts a well-maintained exterior, featuring durable face brick finishes and versatile double roman cement roof tiles. The property is surrounded by a meticulously kept garden and courtyard areas, providing a pleasant atmosphere. Security is a priority, with a fully enclosed perimeter and a main driveway entrance fitted with a sliding gate, ensuring controlled access. Inside, the property offers tidy bedrooms that can be shared or occupied as single private rooms. Residents can choose from communal or en-suite bathrooms, providing flexibility and convenience. Notably, two of the bedrooms have separate external entrances, allowing for additional privacy and independence. For vehicle owners, a spacious double garage is available, accommodating two cars with proper permissions. In addition, 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, all running until the end of the relevant academic year. The property is professionally managed by a student accommodation consultancy, ensuring efficient operation. Financial details are available upon request. 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

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
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