Description

CURRENT MONTHLY RENTAL INCOME:

2 X students per room (4 bedrooms) = 8 students

R2 750 per student

= R22 000 per month

An excellent investment property is now available in Westdene, offering a secure and well-kept setup ideal for the student rental market. The property consists of a primary home together with two spacious, fully self-contained cottages, creating multiple income-generating opportunities.

The main residence features two sizeable bedrooms, two bathrooms, and a large open-plan kitchen and lounge area that serves as a welcoming communal space. The layout also allows flexibility for an extra room to be added if needed. In addition, the two separate cottages each offer generously sized one-bedroom accommodation, with enough space to comfortably accommodate two students per unit.

Designed with shared living in mind, tenants have access to a spacious communal kitchen and entertainment area, making it particularly suited to student accommodation or co-living arrangements. The property also includes a swimming pool (currently not operational) and ample on-site parking.

Security is a standout feature, with high perimeter walls, secure access gates, and an automated garage door providing added convenience and peace of mind. The cottages are fitted with ensuite bathrooms, ensuring privacy and comfort for residents.

Conveniently situated close to major universities and public transport routes, the property is already tenanted by students and produces immediate rental income. With its low-maintenance design, strong rental appeal, and prime location, this turnkey investment presents an outstanding opportunity for buyers looking for dependable returns in a sought-after rental area. Get in touch today to arrange a viewing or request further information regarding leases and current income.