House For Sale: Park West

4 Bedroom house in Parkwes with student rental potential

Nestled in the tranquil neighbourhood of Park West, this spacious house presents an enticing opportunity for discerning buyers. As a family residence it has 4 bedrooms and 3 bathrooms, including a convenient flatlet complete with its own kitchen and bathroom. This property offers versatility and privacy in abundance. With an additional store room and outside toilet, every aspect of convenience has been meticulously considered.
Perfect for a family seeking ample space and individual privacy or astute investors eyeing lucrative rental potential, this home is thoughtfully divided into four distinct sections, each with its own entrance for added privacy. Moreover, the presence of four kitchens ensures flexibility and independence for occupants. The property is equipped with four prepaid electricity meters, facilitating efficient management and cost control.
Entertainment is elevated to new heights with a built-in braai on the north side, providing the perfect setting for relaxed family or social gatherings.
Currently generating an impressive income of R15,000 per month, primarily from student rentals, the earning potential of this residence is poised for substantial growth. With the capacity to double its rental income with current student occupancy, seizing this opportunity is paramount as all building plans are up to date. It reflects the meticulous attention to detail evident throughout the property so that minor changes will be easy. Don't miss out on the chance to experience the epitome of comfort, convenience, and investment potential. Contact me today to arrange a viewing and embark on the journey towards owning this remarkable property.