ZAR 3,950,000
Street parking only
11
8
Walk through this property with my video tour
More Features
Plot Number: 28074
Plot Size: 406 sq.meters
Floor Size: 252 sq.meters
Monthly Rates: ZAR 1300
Present Rental Income: ZAR 50,000 per month
Availability: Negotiable
Expect excellent returns from this property – student rental income makes it possible.
* 6 Bachelor units each with a kitchenette and bathroom. Every unit has a pre-paid electricity meter.
* The main house offers 4 double rooms rented out and one single room with two bathrooms to share.
* A self-catering kitchen comes with built-in stove and oven, and lots of built-in cupboards – light and airy.
* A sunny stoep on the north side of the house is enclosed and is used as a TV-room.
* This is a freestanding house in a good condition and within walking distance to the UCT shuttle service. A shopping centre with Pick’n Pay and pharmacy is about 500 meters away.
* The house is fully occupied and brings in a monthly rental of approximately ZAR 50,000 per month.
* The property is registered with the University of Cape Town and the Cape Peninsula University of Technology.
I have a second video showing you more about this property. Copy and past this link in your browser to see more -> https://www.youtube.com/watch?v=_ckwTDThKi8
This property is part of a portfolio of student rental accommodation properties coming on the market now; see pamphlets at the end of the pictures.