NEW
Web Ref ORL43824
R1,200,000
Monthly Bond Repayment R11,980.55
Calculated over 20 years at 10.5% with no deposit.
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Monthly Rates
R680
R680
Investment Opportunity: Unfinished Double-Storey (Ideal Guesthouse / Student Accommodation)
High-yielding investment potential! This incomplete double-storey structure is a blank canvas ready for an investor or developer to finish and capitalize on the student accommodation or guesthouse market. Solid brickwork and structural foundations are in place, allowing an investor or developer to step in and finish the build to exact commercial specifications.
The property is sold voetstoots (as-is), and the completion of the remaining building works will be for the account of the purchaser. A valid Electrical Certificate of Compliance (COC) is available for the existing electrical installation.
Property Layout :
Ground Floor: 4 spacious bedrooms, all featuring en-suite bathrooms for maximum privacy and rental yield, plus communal living/reception areas.
Top Floor: 3 additional bedrooms and entertainment lounge or student study hub.
Total Capacity: 7 large bedrooms (easily sleep 7 to 14 occupants depending on single vs. sharing configurations).
Please note : Sold voetstoots (as-is).
The property is sold voetstoots (as-is), and the completion of the remaining building works will be for the account of the purchaser. A valid Electrical Certificate of Compliance (COC) is available for the existing electrical installation.
Property Layout :
Ground Floor: 4 spacious bedrooms, all featuring en-suite bathrooms for maximum privacy and rental yield, plus communal living/reception areas.
Top Floor: 3 additional bedrooms and entertainment lounge or student study hub.
Total Capacity: 7 large bedrooms (easily sleep 7 to 14 occupants depending on single vs. sharing configurations).
Please note : Sold voetstoots (as-is).
Features
Pets Allowed
No
Interior
Bedrooms
7
Bathrooms
4
Kitchen
1
Reception Rooms
2
Study
1
Furnished
No
Exterior
Security
No
Pool
No
