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.