- 5
- 3
- 2
- 137 m2
- 822.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 580.00
Property description
A RARE INVESTMENT OPPORTUNITY - MULTIPLE LIVING SPACES, ENDLESS POTENTIAL!
Asking Price: R1,699,000 (Negotiable)
Unlock the potential of this versatile property in Reservoir Hills, ideal for investors looking to generate rental income, establish student accommodation or accommodate an extended family under one roof.
The main house offers three bedrooms, including a main en-suite, a separate bathroom and toilet, a dining room, a spacious lounge opening onto a balcony, two additional balconies upstairs and three air conditioners.
Additional accommodation includes a bachelor unit with an open-plan kitchen, a generously sized room that can be subdivided, and a bathroom. The basement features a bedroom, kitchen, bathroom and open-plan lounge and dining area, with rental income already coming in.
The lower-level accommodation provides further living space, including a bedroom, kitchen, lounge and dining area, plus a separate bathroom.
EXTRA FEATURES:
* Double garage with potential to convert into additional bedrooms
* Three geysers serving the separate units
* Prepaid water and electricity for tenants
* Wireless alarm systems
* Solar lights around the property
* Tiled interiors throughout
THE INVESTMENT ADVANTAGE:
With multiple living spaces and scope to create additional rooms, this property presents an exciting opportunity to develop student accommodation, subject to the necessary approvals. Its flexible layout also makes it suitable for multi-unit rentals or extended family living.
Rates and Taxes: R580 per month
A property with possibilities beyond the ordinary, ideal for investors ready to maximise its potential.
Contact us today to arrange a viewing!
Property Details
- 5 Bedrooms
- 3 Bathrooms
- 2 Garages
- 1 Ensuite
- 2 Lounges
- 2 Dining Area
Property Features
- Balcony
- Storage
- Aircon
- Pets Allowed
- Access Gate
- Alarm
- Entrance Hall
| Bedrooms | 5 |
| Bathrooms | 3 |
| Garages | 2 |
| Floor Area | 137 m2 |
| Erf Size | 822.0 m2 |
