5 Bed House in Park West
Presenting a versatile investment opportunity in an excellent location:
A 5-bedroom residence transformed into profitable student housing.
This property features five expansive bedrooms, a kitchen with integrated cupboards, and three bathrooms, providing substantial living space for prospective tenants.
It also includes a dedicated office area for enhanced utility.
Vehicle owners will value the carport''s convenience, accommodating up to four cars.
Enjoy the warmth of the fireplace on cold nights, and feel secure with the installed alarm system.
The property also boasts a flatlet with a shower, basin, and toilet, presenting extra lodging possibilities.
Efficient amenities like pre-paid electricity and water supplied by the Municipality simplify administrative duties.
For investors, this property offers a consistent rental income of R 22,000 per month, representing an attractive investment prospect.
Seize this opportunity to invest in a market with high demand.
Property details
- Listing number T4825361
- Property type House
- Listing date 15 Oct 2024
- Land size 1 184 m²
- Floor size 310 m²
- Rates and taxes R 1 500
Property features
- Bedrooms 5
- Bathrooms 3
- Lounges 1
- Flatlets
- Access gate
- Built in cupboards
- Study
- Kitchen
- Garden
- Fireplace