11 Bedroom house for sale in Rosebank, Cape Town
Web Ref: 1148669
Student Digs House with rental income of R81 000 pm (Nett +/-R51302 pm)
Situated in the heart of the UCT academic area, this student digs house offers the ultimate investment opportunity for savvy investors.
The property offers 11 bedrooms, 10 bathrooms, a well equipped kitchen with ample cupboard space and work surfaces, generous communal areas including lounge, dining room and covered patio.
Seven of the bedrooms are in the main house. There are two additional outside rooms (both en-suite) and an outside cottage with two bedrooms rooms and shared en-suite. There is an additional outside toilet adjacent to the laundry and drying area.
Excellent security including alarm, electric fence, security gates/burglar bars throughout, disc access ensures the property is well secured. 9 secure parking bays and fantastic outdoor area with lawn and swimming pool add to the attraction of this investment opportunity.
The property is currently serviced by a domestic worker Monday to Friday and Gardener once a week.
Rental of R81 000-00 per month (Was R110 000-00 pre covid) less value adds and costs provides investors with a nett monthly rental of +/-R51 302 per month. Current lease in place until 31 January 2023.
The property is within easy walking distance of UCT, shops and amenities.
Contact Steve or Yves to arrange a private viewing or to make an offer.
Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years
Our goal is to sell your property at the right price and in the shortest possible time.
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