This property is begging for a new owner to take it to the next level. Already NSFAS accredited for 16 students. Rezoned as business 1, no need of CoJ consent use to operate as a student commune. Property is located in an area with high traffic of students.
Main house has 7 bedrooms with 9 students at the moment, big lounge which can be subdivided and end up with 8 bedrooms in the main house, kitchen with 2 separate 4 plate gas stoves and 2 separate combined toilet and shower ( meeting the required commune standards of 4 people per bathroom and toilet).
There is 2 cottages at the back. First cottage is double storey. Ground floor is ensuite combined with a kitchen and adjacent store room. Upper floor is also ensuite with a kitchen and can accommodate 2 people sharing. 5 smart TVs in some other rooms and air conditioning.
Second Cottage is also ensuite with it''s own kitchen.
Property has prepaid electricity, ADT security system with panic button, unlimited Wi-Fi and 2 cameras on both entrances which are remote controlled.
Parking for 6 cars, outside washing sink, laundry and braai area.
Transport service for students also available.
If this is the type of investment you are looking for, then just give me a call to arrange viewing.
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