5 Bed House in Welgelegen
INVESTMENT OPPORTUNITY
This spacious 5-bedroom property in Welgelegen offers great potential, currently used as student accommodation, generating an impressive monthly income of R28,000. The bedrooms feature built-in cupboards for convenient storage, while the two bathrooms provide functionality for multiple occupants.
The property includes two garages and two carports at the front, ensuring ample parking space. At the back, you''ll find an additional double carport alongside a large storage room, perfect for versatile usage.
Outdoor features add to its appeal, including a swimming pool and a lapa, ideal for relaxing or entertaining. While the property could benefit from some TLC, these enhancements could further increase its value and rental potential.
This property combines income generation with features that cater to both students and families, making it a promising investment opportunity.
Property details
- Listing number T4894343
- Property type House
- Listing date 6 Dec 2024
- Land size 1 450 m²
- Floor size 580 m²
- Rates and taxes R 1 800
Property features
- Bedrooms 5
- Bathrooms 2
- Lounges 1
- Dining areas 1
- Garage parking 2
- Covered parking 4
- Pet friendly
- Access gate
- Alarm
- Laundry
- Patio
- Pool
- Security post
- Garden
- Scullery
- Electric fencing
- Lapa