A Property Packed with Potential!
This versatile property offers an excellent opportunity for investors or buyers looking for additional rental income and future development potential.
The main house features 3 bedrooms, 2 bathrooms, two living areas, a dining room, a kitchen, a separate laundry area, and a workshop, offering ample space and flexibility.
The property also includes a separate 3-bedroom flatlet with an open-plan living area, kitchen and 2 bathrooms. The flatlet is currently rented to 3 NSFAS students, generating approximately R14,000 per month in rental income.
For investors looking to maximise returns, the main house offers exciting potential to convert into an 8–10 bedroom student accommodation property, making it an attractive opportunity in the student rental market.
Additional features include prepaid water and electricity, plus a 10kW solar system.
A property with endless possibilities! Whether you are looking for a spacious family home, an income-generating investment or an opportunity to expand into student accommodation, this property is well worth considering.
Contact me today to arrange a viewing!