Property details

15

6

15

?

Beds

Baths

Garage

Parking

Rooms

Swimming Pool

Garden

Furnished

Restaurant

Pet Friendly

Alarm

Guest Rooms

Wheelchair

Wireless

Aircon

Spa

Elevator

Conference Facilities

Erf size:
1,143 m²
Rates and Taxes
R6,854 per month

Features

  • Main bedroom with high ceilings and wooden floors
  • Bedroom 2 with high ceilings
  • Bedroom 3 with high ceilings
  • Bedroom 4 with high ceilings
  • Bedroom 5 with high ceilings
  • Bedroom 6 with high ceilings
+  see more

15 bedroom investment opportunity near proposed Amazon Head office

Three semi-detached heritage cottages with large space at the back situated on a corner with access from 2 streets with a collective of 15 bedrooms and 6 bathrooms (2 which are ensuite) and parking for at least 10 or more cars. The property is currently rented out per room and in need of TLC. The owner has a client who sublets the rooms and is achieving a current monthly income of approximate R35 000+ per month depending on occupancy. Directly leasing the rooms will enable a potentially higher income. There is vacant ground at the back with access from one of the roads which creates further possibilities of expansion. The owner is selling the 3 cottages as a collective although each unit is on a separate title deed. Unit 1 erf – 403m2 Unit 2 erf – 347m2 Unit 3 erf – 393m2 The property is centrally located, near the proposed Amazon Head offices, close to parks, Rondebosch Common and the Liesbeek River green; close to a number of hospitals, UCT, highways leading to the city and airport and the many distinguished schools of Cape Town's Southern suburbs.

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