R 4 950 000
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9 Bed House in Brooklyn

9 8 6 1 249 m²

Take advantage of the current market and low interest rates. Great opportunities don''t come everyday - recognize and seize them with every chance you get. Magnificent investment property, a trusted off-campus housing that offer student living at its best.

Demand for student accommodation in South Africa remains high as hundreds of students each year start a new life journey on campus or consider a change of their current living situation as they move up in their degree. Due to the countrys world-class education system, local universities and colleges continue to attract significant attention from foreign students as well. This consistent need for good-quality housing presents an excellent opportunity for income producing investment.

This 9 bedroom investment property is set in the heart of the rapidly transforming suburb of Brooklyn, where almost everything revolves around students and their every need. Within walking distance from the university of Pretoria, Boys High, Affies and Pretoria East Primary school. The proximity to the surrounding embassies and high commissions, provides for excellent visible security as an added bonus to an already valuable piece of real estate. There are 136 embassies and high commissions in Pretoria. Within walking distance to good public transport, provided by Gautrain bus stops to Gautrain station.

You will find 2 double storey houses on one stand, currently being used as student accommodation. It has the potential to be a lot more, office development, apartment development, guest house etc.

1st HOUSE: This house consists of six air-conditioned bedrooms, all with en-suite bathrooms. Two large living areas opening onto a party patio and the pool and braai area. Large communal kitchen with built-in cupboards, scullery and laundry.

2nd HOUSE: Three bedrooms (one en-suite) and two bathrooms. Two spacious living areas with open plan kitchen and large upstairs entertainment room.

Security: Intercom, access control, alarm system, burglar bars, electric fencing and security gates (external doors). Staff quarters, double garage, covered carports for four vehicles and ample parking for visitors complete the package.

Property details

  • Listing number T3149989
  • Property type House
  • Listing date 25 Feb 2021
  • Land size 1 249 m²
  • Rates and taxes R 9 300

Property features

  • Bedrooms 9
  • Bathrooms 8
  • En-suite 7
  • Lounges 4
  • Garage parking 2
  • Covered parking 4
  • Pet friendly
  • Access gate
  • Alarm
  • Built in cupboards
  • Patio
  • Pool
  • Staff quarters
  • Storage
  • Entrance hall
  • Kitchen
  • Garden
  • Intercom
  • Electric fencing
  • Family TV room
  • Aircon

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