R 1 550 000
5 Bed House in Sunnyside
62 beaufort streetTurnkey Investment Opportunity: Enchanting Victorian Gem
This corner property currently serves as a student investment, offering 5 bedrooms, and 3.5 bathrooms. Inside, you''ll find charming and solid wooden floors, 3 original fireplaces, and a bedroom adorned with beautiful, pressed ceilings. The lounge has been ingeniously repurposed as a 5th bedroom. The kitchen, while spacious, retains its older style charm. Adding to its appeal, the main house includes a generously sized bachelor flat and an external laundry facility. Outside, a well-kept garden, secure off-street parking, and low-maintenance features contribute to a comfortable living environment.
Conveniently located within walking distance of Rhodes University and the CBD, this property holds full accreditation for NSFAS.
With a gross rental income of R21,800 per month for ten months, totaling R218,000 annually, the property offers an approximate annual gross yield of 14%.
On Show
- Sat 18 May 14:00 - 16:00
Property details
- Listing number T4513463
- Property type House
- Erf size 955 m²
- Floor size 185 m²
- Rates and taxes R 866
Property features
- Bedrooms 5
- Bathrooms 3.5
- En-suite 1
- Lounges 1
- Flatlets
- Access Gate
- Alarm
- Kitchen
- Garden
- Garden Cottage
- Family Tv Room
- Fireplace