1 Bed Apartment in West Hill

Investor''s Gem High-Demand Bachelor Unit Near Rhodes University

Discover a highly sought-after investment opportunity in this top-floor bachelor unit. Spanning 31 square meters, this comfortable, airy, and bright space is perfectly positioned for convenience and rental appeal specially for more senior students. With a rental income of R4200 in 2024 and an estimated amount of R4 410 in 2025, this property offers good returns and future growth.

Highlights of the Property:

Low-Maintenance Complex: The face brick exterior reduces upkeep costs, adding long-term value.

Prime Location: Situated within walking distance to Rhodes University and right near Pepper Grove Mall, Spar, and other essentials.

Convenient Layout: Open-plan lounge/bedroom area flowing into a kitchenette, complete with a two-plate stove and under-counter bar fridge.

Updated Bathroom: The bathroom has been refreshed to provide comfort and style.

Outdoor Space: A tiled balcony with an attractive view.

Secure & Well-Managed: Gated access with Gate Keeper, CCTV surveillance, and secure off-street parking ensure a safe environment for tenants.

Additional Features: Four water tanks feed directly into the 36 units, and a prepaid electricity meter allows tenants to manage their own usage.

This unit has been home to a satisfied tenant for the past three years, underscoring its rental appeal. With spacious grounds and everything one needs just steps away this is an ideal property for investors seeking a dependable and high-demand rental unit.