9 Bedroom House in Musgrave

This spacious property currently accommodates 22 students and generates a reported income of R65,000, offering an opportunity for investors seeking an established student accommodation property.

The main home features seven bedrooms and five bathrooms, with three bedrooms enjoying en-suite facilities. Spacious bedrooms with built-in cupboards provide practical accommodation, while two additional rooms in the outbuilding offer further flexibility.

A swimming pool and entertainment area add to the propertys appeal. Parking includes a single lock-up garage and two parking bays.

Set on a 556 m2 erf, the property also offers potential for office or call-centre use, subject to the necessary zoning and approvals.

Property highlights

- Seven-bedroom main home with five bathrooms

- Three en-suite bedrooms

- Two additional rooms in the outbuilding

- Currently accommodates 22 students

- Reported income of R65,000

- Spacious bedrooms with built-in cupboards

- Swimming pool and entertainment area

- Single lock-up garage and two parking bays

- Erf size: 556 m2

- Rates and taxes: R3,910 per month