Abdus Realtors proudly presents this exceptional income-generating investment property, ideally suited for student accommodation or working professionals. With multiple furnished accommodation units, established rental income and further growth potential, this is an opportunity not to be missed!
The property comprises a six-bedroom main house, three fully furnished bachelor units and two separate one-bedroom units, offering a total of 11 bedrooms across the accommodation setup.
The main house features six furnished bedrooms, including one en-suite, a communal bathroom with two shower cubicles, two separate toilet cubicles and a hand basin, as well as a fully equipped kitchen with a fridge, microwave, kettle and electric stove. PVC ceilings run throughout the main house.
The three bachelor units each offer a furnished bedroom, kitchenette and private bathroom fitted with a shower, hand basin and toilet. The two separate one-bedroom units each feature a furnished bedroom, a separate furnished kitchen and a private bathroom, providing tenants with added privacy and independence.
SOLD FULLY FURNISHED! All furniture and appliances throughout the accommodation units are included in the sale, making this an attractive turnkey investment opportunity without the additional expense of furnishing the property.
Additional features include a covered courtyard with washing machine connection points and a deep freezer, a decent-sized backyard, an automated garage with a carport and a second driveway providing parking for two additional vehicles.
CURRENT RENTAL INCOME: APPROXIMATELY R55 000 PER MONTH, with potential to increase returns through rental optimisation.
Whether you are an experienced investor or looking to enter the student accommodation market, this property offers multiple income streams and an established accommodation setup.
Rental income is approximate and subject to verification. Furniture and appliances are included subject to the final inventory agreed upon between buyer and seller. Buyers should verify applicable approvals for the accommodation use.
