BUY OF THE YEAR. GREAT VALUE FOR MONEY. PERFECT FOR STUDENT OR GUEST HOUSE. GREAT INVESTMENT.

Ref # 2328505
R2,540,000
Property Details
5 Beds
2.5 Baths
1 Garage
1,083m²

Exceptional Investment Opportunity: Versatile Property with Ample Amenities

If you are searching for the best investment you'll ever make, look no further. This property offers incredible value for money and is perfect for a variety of uses, whether as a student house, a guest house, or a rental property. Nestled within 2.5-meter high brick walls for enhanced safety, this well-maintained house combines privacy, convenience, and potential income generation.

Key features of the property include a borehole and an under-roof, well-protected water tank, ensuring a reliable water supply. Additionally, a JoJo tank captures rainwater, complemented by a water softener system. The beautiful, small, and manageable garden provides a serene outdoor space, while the large tree in the backyard offers shade and tranquility.

The property boasts two under-roof entertainment areas, alongside a pool room with a braai area—perfect for hosting gatherings. The main house features a large kitchen with a separate dishwashing area, spacious enough to accommodate a dining table and chairs. The dining/sitting room is ideal for family meals and relaxation.

Accommodation includes a main room with an en-suite bathroom, an additional room with an en-suite toilet, and a total of 2.5 bathrooms. Ample storage is available with large cupboards throughout the house.

Moreover, there are three self-contained flatlets:

1. A beautiful large flat with two rooms, a kitchen, bathroom, and dining/sitting room. The sleeping rooms also have glass doors leading outside.

2. A second flat offering two rooms, a small kitchen, and a bathroom.

3. A third flat with two rooms, a sitting room, bathroom, and toilet.

This property can accommodate a minimum of 24 students, meeting all the criteria for student housing. Alternatively the flats can be utilized as a guest house or rented out to generate an income of R16,000 per month from the three flats.

Location is another significant advantage; the property is within walking distance from the university and only 2 km away from a Checkers store.

The swimming pool is currently empty due to new paint application, but it adds significant value once operational.

This is truly an offer not to be missed—a private and versatile property that is expected to sell quickly. Don’t miss out on this excellent buy! Contact us today to arrange a viewing.

Property Features
Property Type
House
Bedrooms
5
Bathrooms
2.5
Garages
1
Open Parking
5
Land Size
1,083m²
Living Area
1
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