Accepting Offers.
DESCRIPTION:
The most ideal student accommodation set in the perfect setting with numerous college’s near by.
Very popular currently 19 bedroom student accommodation, can be made into 21 bedroom student accommodation with the removal of the hair salon (includes a managers suite). Making a very good return and is extremely popular with students at nearby college’s and is always fully booked.
Large fully equipped kitchen area with scullery with ample space and includes two gas ovens.
Property:
Ground Floor:
• TEN bedrooms
• 4 Bathrooms
• Hair salon that can be converted to two more rooms - Current income R49,000 | Potential income ±R59,000 per month
• Office
• Store room
• Large kitchen with double everything and enough utensils etc
First Floor:
• Managers / owners room with large balcony patio area and en suite - Potential income ±R6,500 per month
• 5 Bedrooms, all en suite. Current income R16,500.00 per month | Potential income ±R27,500 per month (currently 2 used by family members)
Top Floor:
• Three bedrooms - income R15,000 per month
• Two bathrooms
• Kitchenette
Total Income = R80,500 per month | Potential income = ±R108,000 per month
Features:
• 19 Bedrooms
• 10 Bathrooms
• Kitchen
• Garden
• Braai area
• Undercover patio
• Pet friendly
• 3 Parkings
DETAILS:
• Erf no.: 35868, Bellville
• Erf size: 508m²
• Zoning: General Residential 2
DISCLAIMER:
The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding.
Property Address
Rosendal, Bellville, Western Cape