R 2 590 000
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10 Bed House in Universitas

10 4 3 1 490 m² 312 m²

Unlock the potential of this prime investment property, ideally situated just 1.3km from the university and conveniently near the ever-popular Universitas Spar. Designed to meet the high demand for student housing, this property offers an unrivaled opportunity for investors seeking a reliable and lucrative income stream.

The fully furnished house boasts 10 spacious bedrooms, currently generating an impressive monthly income of R50,588. With an exciting opportunity to add another room, the projected rental income could reach R59,000 by 2025, further enhancing its already remarkable return on investment.

This propertys strategic location and layout make it a magnet for students, ensuring consistent occupancy year-round. Its proximity to key amenities and the university enhances its appeal, offering tenants convenience and a vibrant lifestyle.

Whether you''re an experienced investor or looking to diversify your portfolio, this low-maintenance property promises solid growth and dependable returns for years to come.

Don''t let this rare opportunity pass you by. Contact me today to arrange a viewing and take the first step toward securing your next great investment!

Property details

  • Listing number T4877273
  • Property type House
  • Listing date 21 Nov 2024
  • Land size 1 490 m²
  • Floor size 312 m²
  • Rates and taxes R 1 600

Property features

  • Bedrooms 10
  • Bathrooms 4
  • Dining areas 1
  • Garage parking 2
  • Open parking 1
  • Flatlets
  • Pet friendly
  • Access gate
  • Alarm
  • Built in cupboards
  • Fenced
  • Furnished
  • Kitchen
  • Paving

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