- 9
- 2
- 2
- 495.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1185.00
Property description
ALREADY EARNING. WITH ROOM TO EARN MORE.
Established Student Accommodation | Gross Rental Income | Walking Distance to University
Why buy an investment property and then start looking for an income strategy?
This established student accommodation property in Westdene is already generating gross rental income, with further potential available through an additional external en-suite room.
And perhaps its biggest advantage?
Students can walk to university.
For an investor, the combination of existing gross rental income, an excellent student location and attractive ROI potential makes this an opportunity worth investigating.
DESIGNED FOR STUDENT LIVING
The property offers 9 spacious bedrooms configured for student accommodation.
Separate bathroom facilities serve the upstairs and downstairs areas, making communal living practical for multiple occupants.
Secure lock-up garaging accommodates 2 vehicles.
An additional external room with its own en-suite bathroom provides an opportunity to further enhance the property's rental potential once completed.
LOCATION IS EVERYTHING
One of this property's strongest advantages is simple:
The university is within walking distance.
That convenience is a major attraction for the student market and reduces dependence on daily transport.
The property is also conveniently positioned for access to hospitals, shops, entertainment and major transport routes.
DON'T JUST BUY PROPERTY. BUY INCOME POTENTIAL.
This isn't an empty house waiting for an investment strategy.
It is already income producing.
It offers further potential.
And it is positioned within walking distance of the market it is designed to serve.
For an investor looking for student accommodation with existing gross rental income and attractive ROI potential, this Westdene property deserves a closer look.
Contact us today to arrange a private viewing and discuss the investment opportunity.
Property Details
- 9 Bedrooms
- 2 Bathrooms
- 2 Garages
- 1 Dining Area
Property Features
- Access Gate
- Garden
| Bedrooms | 9 |
| Bathrooms | 2 |
| Garages | 2 |
| Erf Size | 495.0 m2 |
