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Prime Property Ready for Transformation!!!
R 2,150,000
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25 days ago69 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):3
Size (sqm):277
Parking:Garage
Description
Welcome to your next investment opportunity!
This spacious property offers endless possibilities for those with vision and ambition. Conveniently situated within walking distance of the university, beach, and shopping centres, this location is not only PERFECT but also promising for potential student accommodation or even a guest house.
There is a double garage on remote, as well as additional space for 4 more cars behind a remote gate, ensuring ample parking space and security.
The open-plan kitchen is perfect for communal living, for students or guests. With five generously sized bedrooms, easily adaptable for shared accommodation, three bathrooms, and two more kitchens, this property offers practicality and comfortable living arrangements.
There is an indoor braai facility, ideal for socializing and bonding among residents. The enclosed garden provides a private outdoor space for relaxation or gatherings.
Additionally, there are extra rooms - (lounge, dining room, and TV room) that can be repurposed into either student gathering areas or functional workspaces, enhancing the property's value and appeal.
While this house requires tender loving care, the potential for transformation is unbelievable. With some renovation and refurbishment, this property could become a lucrative investment in the bustling Student Accommodation Market OR Guest House Market!
Don't miss out on this opportunity to turn this diamond in the rough into a gem.
Embrace the challenge, unleash the potential, and make this property your next success story!
Property Reference #: RL5354
Agent Details:
Gail Botha
Home and Hectare
43B - 6th Avenue
Walmer
Port Elizabeth
6070
This spacious property offers endless possibilities for those with vision and ambition. Conveniently situated within walking distance of the university, beach, and shopping centres, this location is not only PERFECT but also promising for potential student accommodation or even a guest house.
There is a double garage on remote, as well as additional space for 4 more cars behind a remote gate, ensuring ample parking space and security.
The open-plan kitchen is perfect for communal living, for students or guests. With five generously sized bedrooms, easily adaptable for shared accommodation, three bathrooms, and two more kitchens, this property offers practicality and comfortable living arrangements.
There is an indoor braai facility, ideal for socializing and bonding among residents. The enclosed garden provides a private outdoor space for relaxation or gatherings.
Additionally, there are extra rooms - (lounge, dining room, and TV room) that can be repurposed into either student gathering areas or functional workspaces, enhancing the property's value and appeal.
While this house requires tender loving care, the potential for transformation is unbelievable. With some renovation and refurbishment, this property could become a lucrative investment in the bustling Student Accommodation Market OR Guest House Market!
Don't miss out on this opportunity to turn this diamond in the rough into a gem.
Embrace the challenge, unleash the potential, and make this property your next success story!
Property Reference #: RL5354
Agent Details:
Gail Botha
Home and Hectare
43B - 6th Avenue
Walmer
Port Elizabeth
6070
Id Subtitle 1271974751
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Estimated monthly repaymentR 23,300
Total property loan amountR 2,150,000
Total interestR 3,441,929
Total repaymentR 5,591,929
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Home and Hectare
Selling for 3+ years
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