10 Bed House in Westdene
This exceptional student accommodation offers a unique investment opportunity, making it a lucrative investment to any property portfolio. Located in the thriving student area, this property is fully approved and comprises of 10 bedrooms in the main house and a one bedroom cottage. Three of the rooms are sharing with 13 students on the inside and one in the cottage. (total of 14 students)
Each room is designed with student comfort and convenience in mind, offering a blend of privacy and communal living. The high demand from students ensures high occupancy and guaranteed rental income.
The property is managed and maintained by the owner together with the caretaker.
The rate per student is R 5000.00 per month, hence the monthly rental income R 70 000.00 less expenses, these numbers will be shared with serious buyers.
Don''t miss out on this prime investment opportunity. Contact us today to arrange a viewing and secure your stake in this high-yield student accommodation.
Property details
- Listing number T4643122
- Property type House
- Listing date 21 May 2024
- Land size 496 m²
- Rates and taxes R 1 700
Property features
- Bedrooms 10
- Bathrooms 4
- Lounges 1
- Flatlets
- Pet friendly
- Family TV room