42 Bed House in Observatory
Get a foothold in the ever-growing student rental market.
* 42 Bedrooms, each with an en-suite shower, w/c and hand basin, all furnished with a bed and desk, built-in cupboard and storage trunk.
* Three fitted kitchens with dining areas.
* Two lounge areas to relax or what television.
* Biometric access control with security cameras all around the property, on the inside and outside, monitored from the reception area.
* Laundry facilities offer washing machines and dryers operating with tokens. There is also an outside washing line area.
* This is a freestanding building in the middle of the different campuses around Observatory. It is within walking distance to AFDA.
* The property is generating a monthly income that can comfortably cover a 100% mortgage, the rental income now in the order of R200,000 per month.
* See the pamphlet at the end of the pictures.
REPLY TO THIS ADVERTISEMENT AND RECEIVE A FLOORPLAN AND VIDEO TOUR OF THE PROPERTY.
Property details
- Listing number T4832504
- Property type House
- Erf size 386 m²
- Floor size 960 m²
- Rates and taxes R 14 300
Property features
- Bedrooms 42
- Bathrooms 42
- Garages 1
- Study
- Furnished
- Kitchen
- Intercom