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11 Bedroom House For Sale in Homelake

R915,000

18 SALIE STREET

Monthly Bond Repayment R9,444.52
Calculated over 20 years at 11% with no deposit.

Web Ref No 6873333
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.

Features

Bedrooms 11
Security Yes
Bathrooms 4
Recep. Rooms 1
Floor Size 324m²
Land Size 991m²
Carports/Parkings 1
Monthly Rates R817.00

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