- 3
- 1
- 675.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
Affordability Calculator | Bond Costs Calculator | Bond Repayment Calculator | Apply for a BondBond Calculator
Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.
Mun. Rates & Taxes: ZAR 1494.00
Property description
This exceptionally neat and well-maintained property presents an outstanding investment opportunity.
Currently operating as a boarding and student accommodation facility, the property generates an approximate rental income of R56,000 per month, with excellent potential to increase returns.
Ideally positioned on the main road, adjacent to Save Hyper, and approximately 100 metres from a local shopping centre, this property offers excellent exposure and can be easily rezoned for commercial use.
Main Residence:
-3 Spacious bedrooms
-2 Bathrooms (main en-suite)
-Comfortable lounge
-Fully fitted kitchen
-Built-in cupboards
-Fully tiled throughout
-Neat and well maintained
-Currently tenanted
Outbuilding: 1
-4 Bedrooms
-Shared bathroom and toilet
-Currently utilized as student accommodation
Outbuilding 2:
-3 Bedrooms
-Kitchen, Bathroom and toilet
-Currently utilized as student accommodation
Property Features:
-Excellent income-producing investment
-Large level stand with ample parking
-High-visibility main road location
-Strong commercial and redevelopment potential
-Easy rezoning opportunity
-Close to schools, shopping centres, FET college, hospitals, and other essential amenities
-Ideal for student accommodation, boarding establishment, medical rooms, offices, or other commercial ventures
Whether you're looking to expand your investment portfolio or secure a property with exceptional future development potential, this versatile property is an opportunity not to be missed.
Henwood and Katz Real Estate (Pty) Ltd t/a RE/MAX Midlands. A franchise of RE/MAX of Southern Africa.
Property Details
- 3 Bedrooms
- 1 Bathrooms
- 1 Lounges
- 1 Dining Area
Property Features
- Pets Allowed
- Access Gate
- Kitchen
- Garden
- Outbuilding 2: 3 Bedrooms -Kitchen, Bathroom and toilet
- Outbuilding: 1 4 Bedrooms -Shared bathroom and toilet
| Bedrooms | 3 |
| Bathrooms | 1 |
| Erf Size | 675.0 m2 |
Contact the Agent
Ravin Maharaj
Candidate Property Practitioner