Versatile for purposes of income generating for students OR simply just living in this beautiful huge house as your own home and maybe even utilizing the extra rooms for working from home …
Currently all rooms are rented out (always in high demand) and yielding R26 000.pm
Expenses are R3850 (including WiFi, rates and water).
Prepaid Electricity for tenants expense.
Do the maths- that’s an income of R265 800 Per annum AFTER EXPENSES and you have capital growth to consider in this home.
All 6 bedrooms are spacious with double volume ceilings and 1 bedroom has a fireplace
Spacious lounge with fireplace
Beautiful wooden floors and sash windows at key points
Cozy recreation backyard
Storeroom with washing machine
2 large water tanks that feed the bathrooms
Recently rubber-sealed roofing
Fairly low maintenance costs for this home
This home is conveniently located close to public transport, restaurants, UCT, Groote Schuur, sports fields, shops and 10 minutes from CBD.