This is an investor’s dream come true!
Ideally located only 500m walking distance from the University of Pretoria main campus entrance on Lynnwood Road, this well-maintained property operates as a ladies’ student commune in the heart of Brooklyn.
The neat and spacious house offers 10 bedrooms, plus two outside cottages, creating excellent rental potential.
Property features:
• 10 Bedrooms in the main house
• Rooms 1–4 and Room 9 each have en-suite bathrooms
• Rooms 5–8 and Room 10 share two bathrooms
• Two outside cottages, each with a kitchenette and en-suite bathroom
The house is divided into two functional areas:
• Rooms 1–4 share their own furnished kitchen
• Rooms 5–10 use a larger furnished kitchen
The property also includes a spacious living area that opens onto a patio and swimming pool, creating a comfortable communal space for students.
The house needs a little TLC or you can say it needs a woman's touch.
Rental income potential as is - R56,000 per month. This includes the rental agent's 8% fee, water, refuse & sanitation, R500 per students per month electricity discount, wifi and garden services.
Additional features:
• Laundry room
• Double garage
• Double enclosed carport
• Motorised access gate
• Wi-Fi installed
• Solar geysers
• Pre-paid electricity
• Inverter system for Wi-Fi, lights and two emergency plugs
• Commune zoning already in place
The double enclosed carport also offers the opportunity to be converted into an additional two-bedroom flat, allowing the investor to increase rental income.
This property offers everything students need, within easy walking distance of the main campus in Lynnwood Road.
Contact me today to arrange a viewing of this exceptional investment opportunity in the heart of the student hub in Brooklyn.