Philip Nel Park, Pretoria West, Gauteng ID 866807
House
2.5
7
Investor's Dream in Prime Location – High Yield 7-Bedroom Student Property Near TUT = DUAL MANDATE Calling all investors! This fully tenanted 7-bedroom property, ideally located within walking distance of TUT, offers an excellent opportunity for steady rental income. The property comprises 5 single rooms and 2 double rooms, all currently rented to students, with most leases extending into next year. The monthly rental income totals R21,300, exceeding most bond repayments, making this an attractive investment. The property includes: 5 single rooms rented at R2,500 each 2 double rooms (each housing two students) at R2,200 per student A fully equipped kitchen with included appliances (microwave, stove, fridge) 2 bathrooms (one with a shower, the other with a bath) plus an additional toilet Furniture and appliances are included in the sale, so you'll have everything needed to continue managing this as a successful student residence. With full occupancy and its sought-after location, this property provides a fantastic rental yield from day one. Take the plunge into property investment—schedule a viewing today and seize this opportunity!
Marikas Properties
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