R 2 190 000
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7 Bed House in Park West

7 3 3 1 408 m² 275 m²

This property is a fantastic investment opportunity, ideally situated between two major institutions, the University of the Free State and the Central University of Technology. This prime location ensures a steady stream of student tenants, making it a highly desirable option for long-term rental income.

The main house has been thoughtfully divided into three separate apartments, each featuring its own kitchen, bathroom, and living spaceperfect for multiple tenants. Additionally, there''s a spacious outbuilding, equipped with two rooms, a lounge, and a bathroom. While the outbuilding does need some TLC, it offers great potential for additional rental units or conversion into student housing.

The large yard also opens up possibilities for future expansion, whether you want to add more apartments or enhance the property''s existing features.

With its unbeatable location, multiple income streams, and potential for growth, this property is a must-see for any savvy investor looking to capitalize on the thriving student rental market

Property details

  • Listing number T4816019
  • Property type House
  • Listing date 8 Oct 2024
  • Land size 1 408 m²
  • Floor size 275 m²
  • Rates and taxes R 3 000

Property features

  • Bedrooms 7
  • Bathrooms 3
  • Lounges 3
  • Open parking 1
  • Covered parking 2
  • Pet friendly
  • Built in cupboards
  • Kitchen

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