GREAT INVESTMENT IN PHILIP NEL PARK-STUDENT ACCOMMODATION CLOSE TO TUT

Situated in Philip Nel Park and within walking distance from Tshwane University of Technology (TUT), this property offers an ideal setting for student accommodation, making it a lucrative investment opportunity in the rental market. Great investment opportunity for those looking to capitalize on the demand for student housing in the area.

The house is divided into 2 sections and each section features 3 bedrooms, full bathroom and kitchen. Currently generating an income of R15950 per month by renting out all the rooms to students.

Take advantage of the scope to extend the house and increase its rental income potential, leveraging the property's proximity to TUT and the steady demand for student housing in the area.

Two Wendy houses on the property provide additional space and flexibility. One Wendy can serve as extra accommodation, potentially increasing rental capacity, while the second Wendy can be utilized as a storeroom or adapted to suit various needs.

Rates & Taxes R660
Prepaid electricity

Contact Tania to arrange your viewing appointment.

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