Web Ref RL4199
R3,495,000
Monthly Bond Repayment R37,271.71
Calculated over 20 years at 11.5% with no deposit.
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Monthly Rates
R6,000
R6,000
4 Bedroom House For Sale in Essenwood
This spacious four-bedroom house, currently utilized as student accommodation, presents an exceptional investment opportunity. Featuring four bedrooms, three bathrooms, and a communal lounge and kitchen, it caters to the needs of student residents and is zoned for a bed and breakfast. The property also offers four office spaces and two self-contained offices, accommodating businesses and professionals. With ample parking space for around 6 to 8 cars, this multifaceted property generates a consistent monthly income of 35k plus, making it lucrative. Also a developers dream, you could build about 9 apartments.
The property is situated in prime Essenwood and has a steady flow of rental income from the student accommodation, additional income from office rentals, and ample parking space. Two flatlets outside suitable for a beauty therapist.
Contact me for an exclusive viewing.
The property is situated in prime Essenwood and has a steady flow of rental income from the student accommodation, additional income from office rentals, and ample parking space. Two flatlets outside suitable for a beauty therapist.
Contact me for an exclusive viewing.
Features
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
3
Kitchen
1
Reception Rooms
3
Study
1
Furnished
No
Exterior
Security
No
Parkings
7
Flatlet
2
Pool
No
Sizes
Land Size
1,061m²
