5 Bed House in Sunnyside
R 1 550 000
Turnkey Investment Opportunity: Enchanting Victorian Gem
This corner property currently serves as a student investment, offering 5 bedrooms, and 3.5 bathrooms. Inside, you''ll find charming and solid wooden floors, 3 original fireplaces, and a bedroom adorned with beautiful, pressed ceilings. The lounge has been ingeniously repurposed as a 5th bedroom. The kitchen, while spacious, retains its older style charm. Adding to its appeal, the main house includes a generously sized bachelor flat and an external laundry facility. Outside, a well-kept garden, secure off-street parking, and low-maintenance features contribute to a comfortable living environment.
Conveniently located within walking distance of Rhodes University and the CBD, this property holds full accreditation for NSFAS.
With a gross rental income of R21,800 per month for ten months, totaling R218,000 annually, the property offers an approximate annual gross yield of 14%.
Key Property Features
Contact Agent
Need a home loan?
Need an Attorney?
