R 2 480 000
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5 Bed House in Park West

5 3 2 1184 m² 317

Introducing a versatile investment opportunity in a prime location: a 5-bedroom house converted into a lucrative student accommodation. Boasting five spacious bedrooms, a kitchen with built-in cupboards, and three bathrooms, this property offers ample living space for potential tenants. Additionally, there''s dedicated office space for added functionality.

Car owners will appreciate the convenience of the carport, providing shelter for up to four vehicles. Cozy up by the fireplace during chilly evenings, and rest easy knowing the property is equipped with an alarm system for security.

An added bonus is the flatlet featuring a shower, basin, and toilet, offering additional accommodation options. Practical features such as pre-paid electricity and water billed from the Municipality streamline management tasks.

For investors, this property generates a steady rental income of R 22,000 per month, making it a compelling investment opportunity. Don''t miss out on this chance to capitalize on a high-demand market.

Property details

  • Listing number T4629750
  • Property type House
  • Erf size 1184 m²
  • Floor size 317 m²
  • Rates and taxes R 2 070

Property features

  • Bedrooms 5
  • Bathrooms 3
  • Open Parkings 1
  • Covered Parkings 1
  • Flatlets
  • Pet Friendly
  • Access Gate
  • Alarm
  • Built In Cupboards
  • Fenced
  • Study
  • Kitchen
  • Garden
  • Family Tv Room
  • Fireplace
  • Aircon

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