17.5 Bedroom House in Reservoir Hills

The price of this home has been reduced by R395 000, and the seller is motivated to sell quickly. The seller is open to reasonable offers and wants to finalise the sale as soon as possible.

An amazing opportunity knocks for someone to make this house into a money-spinner. This house offers huge rental potential with 4 cottages and 10 units, offering 6 garages.

Ideal for student accommodation as the campus bus, provided by the university, goes up Mountbatten Drive into Battersea Drive at 07:00, 08:00 and 09:00 and again at 15:00, 16:00, 17:00 and 18:00 in the evenings. There is also a special late bus for students doing research at the library.

With a total of 3 928 sqm, this is an opportunity not to be missed.

House 1 :-

3 bedrooms, 1 bathroom with bath/toilet/bidet and wash basin, prayer room, sunken lounge/dining room area (open plan), kitchen with cupboards, scullery with cupboards, passage with linen cupboard.

1 separate toilet / 1 separate shower.

Built-in cupboards in all rooms, veranda front and back.

House 2 (Unit 1) :-

1 large bedroom with built-in cupboards, en-suite, lounge, kitchen with cupboards and veranda.

House 2 (Unit 2) :-

1 bedroom with en-suite, built-in cupboards, lounge/dining room and kitchen, built-in cupboards and open plan.

House 2 (Unit 3) :-

2 bedrooms with built-in cupboards, lounge, kitchen with cupboards, toilet/shower and wash basin.

House 2 (Unit 4 - Owners quarters) :-

2 bedrooms with built-in cupboards, 1 with en-suite bathroom, 2 lounges, dining room, kitchen with cupboards, loft upstairs, guest toilet with shower & wash basin and veranda.

House 3 (A) :-

2 bedrooms, 1 with built-in cupboards, lounge, kitchen with cupboards, pantry, toilet/shower/wash basin - all separate.

House 3 (B) :-

2 bedrooms with built-in cupboards, lounge, kitchen with cupboards, pantry, toilet, shower, wash basin - all separate.

5 garages below, 1 occupied for window manufacturer.

House 4 (Unit 1) :-

1 bedroom with built-in cupboards, lounge/dining room, open plan, toilet/shower/wash basin and veranda.

House 4 (Unit 2 - upstairs) :-

1.5 bedrooms with built-in cupboards, en-suite, lounge/dining room (open plan) and kitchen with cupboards.

House 4 (Unit 3) :-

1 bedroom with built-in cupboards with en-suite, lounge/dining room (open plan), kitchen with cupboards and veranda.

All units have burglar guards and gates, all floors tiled, separate meters for lights and water for each unit.

Electricity supply :- 1 x 3 phase meter / 1 x single phase meter. Water supply:- 3 meters.

No. 1 garage below building No. 3 has 3 phase.

Additional :-

7 Litchi trees / 10 pear trees / mango tree / rose apple / guava / PawPaws, grapefruit / lemon / lime / Moringa / banana''s and shrubs.

2 Jojo tanks (water pumped into tanks via borehole).

Potential rental income of R45 000 p.m.