13 Bedroom House in Reservoir Hills

An exceptional investment opportunity offering immediate rental income and outstanding long-term growth potential. Situated in an area predominantly occupied by student accommodation, this versatile and well-maintained property is perfectly positioned to meet the growing demand for quality rental housing.

Unlock the exceptional potential of this expansive property located in the heart of Palmiet. Set on a generously sized stand, this versatile investment comprises three existing sectional units, with ample space and potential to construct a fourth sectional unit. This makes it an outstanding opportunity for investors, developers, or visionary buyers looking to maximize their return on investment.

Whether you are looking to continue generating rental income, renovate and modernize, expand the existing accommodation, or explore further development opportunities, this property provides the ideal foundation. The existing accommodation offers immediate income potential, while the additional development opportunity creates scope for increased revenue and long-term capital growth.

Property Components

Main House

3 spacious bedrooms

2 bathrooms

Comfortable lounge

Dining room

Large kitchen

TV room

Scullery

Additional Outbuilding

2 bedrooms

Bathroom

Kitchen

Lounge

Student Accommodation Units

8 individual one-bedroom units

Each unit features its own private bathroom

Ideal for student accommodation and generating multiple rental income streams

Additional Features

All units are connected to electricity and water

Double garage

Ample additional parking space

Generously sized stand with excellent development potential

Located in an area with strong demand for student accommodation

This unique property combines immediate rental income with excellent future development potential. With multiple existing accommodation units and the opportunity to further develop the site, it presents a compelling investment for buyers seeking strong income potential and long-term capital appreciation.

Don''t miss this opportunity to secure a versatile, income-generating property in the sought-after Palmiet area.