R 2 499 000
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9 Bed House in Summerstrand

9 3 4 938 m²

This charming Victorian style modern home is situated in Ivana Street, Summerstrand and is West/East facing.

The home is currently rented out for student accommodation and offers 9 single rooms and 3 bathrooms. A total of nine students are renting. The accommodation is registered with NSFAS as B Grade accommodation. Special consent is in place for student accommodation. Income and expenses statements are available for serious buyers.

There is a central lounge and dining room with open plan kitchen. The newly converted rooms share a small kitchenette.

There is a large outside covered entertainment area with built in braai. The garden is low maintenance. Fiber is installed in the house.

There is off street, secure parking for two cars behind a sliding gate.

Terms - all student accommodation furniture and appliances are included in the sale price. No new leases will be signed for 2025 with the current owner.

Located just 980metres from the Nelson Mandela University Main campus and 300metres from Gomery Avenue for transport, this investment property is in the perfect location to cater for students'' needs. Summerbreeze Super Spar is under 2km''s from your front door. Pollock Beach and Something Good Roadhouse is just 5 minutes down the road.

Invest now before the new academic year begins. Please call me to book a private appointment.

Property details

  • Listing number T4850873
  • Property type House
  • Listing date 4 Nov 2024
  • Land size 938 m²
  • Rates and taxes R 1 352

Property features

  • Bedrooms 9
  • Bathrooms 3
  • Lounges 1
  • Dining areas 1
  • Garage parking 4
  • Furnished
  • Garden

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