9 Bedroom House in Westdene

Student accomodation,10 Rooms

- High-Yield Investment Opportunity | Student Accommodation in Westdene

Price: R 2 595 000.00

Looking for a high-performance asset to add to your portfolio This property is strategically located in the heart of Westdene, just a stone''s throw from several major varsity campuses. With the massive demand for student housing in the area, this is a set and forget investment with incredible upside.

- Current Configuration &amp Income

Monthly Gross Return: R 28 500.00

Fully Let: The property is currently occupied, ensuring immediate cash flow from day one.

Massive Capacity: The main house boasts 9 spacious rooms with convenient ablution facilities located on each floor.

Income Security: Final rental yields are being finalized as students return for the new academic year-secure the property now as leases are being signed!

- The Value-Add Play

This isn''t just a standard rental it''s an opportunity to force appreciation and maximize your ROI:

Untapped Potential: An outbuilding featuring a room with an en-suite bathroom is already in place and just needs completion. Once renovated, this will generate an additional R 4 000.00 per month in rental income.

Reconfiguration: Two of the massive existing rooms offer enough footprint to be partitioned, potentially increasing the total room count even further.

Cosmetic Upside: A few cosmetic upgrades will bring this property into pristine condition, allowing for premium rental rates in the future.

Key Highlights Prime Location: Walking distance to campuses-the 1 priority for student tenants.

Scalable: Multiple avenues to increase the current rent roll.

High Demand: Westdene remains a hotspot for student accommodation investors.

Investor''s Note: With the academic year kicking off and huge interest already mounting, this property will move fast. Don''t wait for the Sold sign.

Secure your next high-yield asset today.

DORICEL PTY LTD trading as REMAX Superior Mulbarton operates in terms of a franchise agreement with REMAX of Southern Africa.