Great Investment Opportunity!!
This property is perfect for investors looking to get involved in student houses or guesthouses. This is ideal for a student house and it is a stones throw from the University. The property consists of a very spacious 3 bedroom and 3 bathroom home with more than enough entertainment space with an indoor pool, braai room with a built-in braai and a bar. On the investor side there are SEVEN flats (furnished kitchens) that can be rented out to students at the University which is literally just down the road. Income potential of R17500 per month. Five of the flats are bachelors and two are one bedrooms. Each has its own parking and five of them even has a private braai. There are covered parking for 11 cars. The garden has a computerized irrigation system with a strong bore hole. Some other extras include two solar geysers, a fireplace, braai, wooden floors, lots of closets, a garage big enough for six cars, store rooms and even approved plans for a two bedroom house subdivision at the back of the property!!