3 Bedroom House in Vanderbijlpark Central

R 1 200 000

Lerato Maloisane

Keller Williams-Avantgarde Alberton

Price Reduced

3 Bedroom House in Vanderbijlpark Central

R 1 200 000

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3 Beds
1 Baths

An investment property . This house has been turned into a commune, it is in a serene suburb of Vanderbeijlpark, there are only three houses that are student accommodation on that street and the rest are normal family homes. It is close to the Vaal University of Technology. The commune sleeps 12 students, 7 inside the house, and 5 on the outside rooms attached to the house. The bedroom sizes vary and are charged as such, ranging between R1500 to R2200 for this year, rental amounts increase annually by 10%.It is well maintained and the student share common facilities like the kitchen and bathrooms. It also has a lovely swimming pool, with a thatched lapa, a manicured and well kept garden. Safety features are an electric fence, and electric gate. Student enter into yearly contracts to ensure full occupation for the year. In its maximum capacity, the house generates an income of R20 900. Rates are R2000 and electricity is pre-paid, student buy it themselves.

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Key Property Features

3
Bedrooms
1
Bathrooms
1
En-suite
Garden
Lapa
Paving
Pool
Scullery

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Lerato Maloisane

Lerato

Maloisane

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Experience Vanderbijlpark

Vanderbijlpark is situated on the banks of the Vaal River in Gauteng. Together with its neighbouring towns Vereeniging and Sasolburg, it forms the Vaal Triangle, a prominent industrial region. This neighbourhood is peaceful, and has a close community. Locals are predominantly rugby fans, with action cricket being another well supported sport. They can often be found in the pubs watching a rugby game, or supporting school rugby games in great numbers.

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3 Bedroom House in Vanderbijlpark Central

R 1 200 000

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