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R 915 000 | 11 bed property for sale in homelake

Property Description

STUDENT ACCOMMODATION / GUEST HOUSE FOR SALE This property presents an excellent investment opportunity, ideal for student accommodation or as a guest house, located in a highly sought-after area with easy access to amenities and public transport. It’s perfectly suited for those working nearby but living further away, offering a convenient and comfortable living arrangement during the week. The main house boasts five spacious rooms, three of which are equipped with built-in cupboards (BIC) and tiled floors. One room features an en-suite bathroom, while the remaining rooms share a separate bathroom with a shower. The second house on the property offers four well-appointed rooms, three of which also come with BIC and tiled floors. A communal kitchen and lounge area promote shared living, and the shared bathroom ensures functionality and convenience for all residents. Additionally, there are two outside rooms with access to an outdoor toilet, providing additional accommodation options. Each room on the property is fitted with a prepaid electricity meter, allowing tenants to control their utility costs. This versatile property is an ideal option for generating rental income or operating as a guest house, offering both practicality and income potential. Please note, rates, taxes, levies, and ERF sizes are estimates and may change.


Property Details

Purchase Price R 915 000

Building Size324 m2

Price Per SQMR 2824 m2

Type of PropertyHouse

Monthly Rates817

Land Size991 m2

Last Updated24 Jan 2025

Rooms

Kitchen1

Bedrooms11

Bathrooms4

Reception Rooms

Lounges1

External Features

Carports1

General Features

SecurityYes

Property Location

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