4 Bed House in Essenwood
This spacious four-bedroom house, currently utilized as student accommodation, presents an exceptional investment opportunity. Featuring four bedrooms, three bathrooms, and a communal lounge and kitchen, it caters to the needs of student residents. Additionally, the property offers four office spaces and two self-contained offices, accommodating businesses and professionals. With ample parking space for around 10 cars and two road frontages, this multifaceted property generates a consistent monthly income of 35k plus, making it a lucrative and versatile asset.
This property''s prime location and versatile layout make it an attractive investment option. With a steady flow of rental income from the student accommodation, additional income from office rentals, and ample parking space, it offers a diverse revenue stream. Its strategic positioning and profitability potential make it a compelling investment for those seeking a stable and income-generating property.
Property details
- Listing number T4403679
- Property type House
- Listing date 3 Nov 2023
- Land size 1 061 m²
- Rates and taxes R 3 000
Property features
- Bedrooms 4
- Bathrooms 3
- En-suite 3
- Lounges 1
- Dining areas 1
- Garage parking 2
- Open parking 8
- Access gate
- Alarm
- Balcony
- Laundry
- Scenic view
- Sea view
- Staff quarters
- Storage
- Garden
- Intercom
- Guest toilet