A fantastic investment opportunity in the sought-after student area of Willows, situated approximately 400 metres from the Central University of Technology (CUT).
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• 5 bedrooms suitable for student accommodation
• Potential rental income of approximately R30,000 per month
• Prepaid electricity
• Prepaid water
• CCTV security cameras
• Fingerprint access control
• Secure parking
• Excellent location within walking distance of CUT
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The property does require some TLC and could benefit from modernising and refreshing. With the right improvements, this five-bedroom unit has the potential to become a highly attractive student accommodation investment with a rental income of around R30,000 per month.
Its close proximity to CUT, combined with the demand for student accommodation in Willows, makes this an opportunity well worth considering for an investor looking to add value and build long-term rental income.
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Contact me for more information or to arrange a viewing.