2 Bed Apartment in West Hill
Ideal Location for Rhodes University Students
Invest in Student Comfort and Profitability!
Discover an exceptional student housing investment opportunity only a 5-minute walk from Rhodes University Theatre. This complex includes 24 units, each approximately 50 sqm, designed to meet students'' needs for both comfort and convenience. Key features include:
Ideal Location: First-floor, west-facing unit with scenic views of campus, St. Andrews, and the Makhanda hills.
Modern Amenities: Two bright, en-suite bedrooms a modern kitchen with a 3-plate gas stove, one electric plate, oven, fridge, washing machine, and tumble dryer.
Spacious Living Area: Sliding door invites fresh air into the roomy living space, creating a homely atmosphere that encourages tenants to renew leases yearly.
Low-Maintenance Design: Tiled floors and aluminum windows simplify indoor upkeep.
Added Security and Convenience: Secure parking, water tanks for uninterrupted living, and security services from 18h00 to 06h00 provide peace of mind.
Financial Appeal
With a rental income of R8820 for 2024 (or R4410 per room monthly), this investment offers strong returns that are hard to beat.
Property details
- Listing number T4867007
- Property type Apartment
- Listing date 14 Nov 2024
- Land size 1 374 m²
- Floor size 50 m²
- Rates and taxes R 705
- Levies R 1 685
Property features
- Bedrooms 2
- Bathrooms 2
- En-suite 2
- Lounges 1
- Covered parking 1
- Access gate
- Alarm
- Built in cupboards
- Satellite
- Security post
- Kitchen
- Electric fencing
- Paving