R 4 600 000
calculate bond costs

31 Bed House in Springs Central

31 6 18 1 980 m²

Excellent investment opportunity, Ideal for rental to college students with the college being within walking distance.

Total monthly income of R71 100. Some units have a R150 electricity supplement monthly & R100 water contribution. The property is situated on 4 stands and includes 31 rooms made up of 19 single rooms, 6 double rooms and 6 small flats. There are enough bathrooms and kitchens to accommodate all tenants. There is a R1 000 000 solar powered inverter battery system at the premises for 20 of the rooms and flats. All rooms have prepaid meters and camera security system. There is also a tag, card and fingerprint system for tenant entry. 3 x 300-liter solar powered geysers. 2 x coin operated washing machines. Parking for approximately 18 vehicles with 2 entrances which includes a heavy-duty electric gate.

Make an appointment to view these premises at your earliest convenience!!

Property details

  • Listing number T4646911
  • Property type House
  • Erf size 1 980 m²
  • Rates and taxes R 1 720

Property features

  • Bedrooms 31
  • Bathrooms 6
  • Covered Parkings 18
  • Pet Friendly
  • Kitchen

Photo gallery

>