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Exceptional student accommodation investment property

R 4,800,000

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1 year ago3074 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):430
Parking:Garage
Description
This expansive, meticulously maintained 9-bedroom property in the desirable suburb of Belhar presents an excellent investment opportunity, particularly well-suited for student accommodation.

Currently zoned: Residential 1

Featuring ample secure parking, an attractive front garden, and multiple living areas, this home combines comfort with substantial return potential. Upon entry, you are greeted by a spacious, tiled lounge with an adjacent dining area. The modern, fully-fitted kitchen boasts built-in cupboards, a double sink, and space for a double-door fridge.

Generous Bedrooms and Bathrooms

Each of the 9 bedrooms is well-equipped with built-in cupboards and an en-suite bathroom, providing comfortable living space for students and ensuring privacy. The property is currently fully occupied by students.

Prime Location and Amenities

In addition to secure parking, the property is conveniently located near shopping amenities and other facilities, making it a prime investment opportunity. For outdoor entertaining, the property offers a refreshing swimming pool and a built-in braai area.

Please call us to schedule a viewing.

Has Pool
Property Reference #: RL12023

Agent Details:
Marlize Smith
Louw and Coetzee Properties (PTY) Ltd
35 Main Road, Durbanville

Id Subtitle 1299551968
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Estimated monthly repaymentR 48,731
Total property loan amountR 4,800,000
Total interestR 6,895,438
Total repaymentR 11,695,438
Interest rate at 10.75% for 20 years *
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Louw and Coetzee Properties (PTY) Ltd
Selling for 1 year
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