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9 Bedroom House For Sale in Hurst Hill

R1,799,000

14 Riebeek Street

Monthly Bond Repayment R19,185.07
Calculated over 20 years at 11.5% with no deposit.

Web Ref No CVSA-15256

Student Accommodation with 9 rooms

This property presents a golden investment opportunity as an established student accommodation, currently offering 9 rooms, each renting out for R3,000 when at full capacity. Ideally located close to the University of Johannesburg, this property is a must-see for investors seeking a steady rental income. The house features a large kitchen and central seating area, providing a communal space for residents. Each of the rooms is clearly marked for easy identification, ensuring efficient management. The property offers off-street parking with a spacious, long driveway, providing ample space for residents. Security is a priority, with robust measures in place to ensure peace of mind. A covered patio with seating offers a comfortable outdoor space for relaxation, while a separate laundry room and bathroom add convenience for all residents. With its prime location and well-maintained facilities, this property is a standout investment opportunity.

Features

Bedrooms 9
Bathrooms 2
Recep. Rooms 2
Land Size 495m²
Carports/Parkings 4
Pets Allowed Yes
Monthly Rates R719.00

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