Web Ref No RL14494

Charming 3-bedroom Property with lots of character and great potential for Student Accommodation in Bellville South.

This 150+ sqm house is situated on a 350 sqm plot and offers everything you require for a long and enjoyable stay. The foyer opens to a modern, sunken, and sun-filled lounge on the left with a second lounge featuring a fireplace and a dining room combo around the corner. The modern kitchen is spacious enough to accommodate a dining room table within (if required), with a separate scullery and laundry. The passage leads to three bedrooms all fitted with built-in cupboards and a full bathroom (offering a bath and shower). A back door gives access to an outside braai, a private garden, and a sparkling blue pool ideal for many enjoyable hours spent with family and friends. To complete this property, the house comes with a single remotely accessed garage, a motorised vehicle gate offering secured parking for another two vehicles, and top-notch security features to ensure a safe stay.

Potential for Student Accommodation Situated in Proximity to Universities: The property is ideally situated within walking distance or a short bus ride to nearby universities. Close to shops, cafes, restaurants, and public transport links, ensuring convenience for residents, and located in a friendly neighbourhood, the property offers a safe and welcoming environment.

By converting the sunken living room as well as the garage into additional bedrooms, accommodation for students can be increased to five sleeping quarters. The open dining area and the kitchen could serve as a communal living space for students. Ensuite bathrooms could be added to the back two bedrooms as well. The large backyard offers ample space for social activities, providing an attractive feature for students. This property presents an excellent investment opportunity for those looking to enter the student accommodation market. With a bit of remodelling, it can be transformed into a highly desirable living space for students, ensuring a steady income stream of at least R25,000 per month.

Contact us soonest for a private and intimate viewing of this exceptional property.