Idasvallei
R3,200,000 Web Ref 1047422
PROPERTY FEATURES
Student Accommodation Property for Sale - Idas Valley
This Recently Renovated Investment Property just 1.6km away from Stellies is already at 75% Occupancy; with 100% Occupancy providing a Yield of Circa 12.5% [NOI of Circa R400,000 p.a] This 10-Bed Furnished House with Original Wooden Floors Consists of: * 5 Single Rooms (5 Beds) * 5 Twin Rooms (10 beds) * 2 Balconies * NEW Communal Bathrooms with Toilets - Upstairs and Downstairs * NEW Communal Kitchen * Lounge Areas * CCTV and WiFi * Braai Area * Landscaped Garden Area * Security Gates with Intercom * Parking for 3 Cars plus additional for Scooters Included in the Price: * Beds * TV * Fridges * Washing Machine * Tumble Dryer * Curtains **Approved floor plans & council permission to install a swimming pool

ERF Size 496 m²
Building Size 270m²
Terence Rice
c. 0823721607
Kaushik Nathoo
c. 0616006860