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6.5 Bedroom Freehold Sold in Salt River

R2,450,000

59 Cecil Road

Monthly Bond Repayment R25,706.77
Calculated over 20 years at 11.25% with no deposit.

Web Ref No TPR14151

Student accommodation Investment opportunity: R30 000 per month av rental p/m

This double-storey house on Cecil Road is an investor's dream come true. With 6.5 bedrooms and 2 bathrooms, this property is perfectly suited for student accommodation, generating massive income potential.

From the wooden flooring to the fully fitted kitchen and built-in braai, this home exudes both charm and practicality. And the cherry on top? Breathtaking views of Table Mountain that you can enjoy while reaping the benefits of a currently tenanted space averaging over R30,000 per month in rental income.

This is a lucrative opportunity that you simply can't afford to miss. Situated in the prime location of Salt River, this investment property is poised to deliver exceptional returns. Don't hesitate - seize this chance to own a truly profitable asset that will elevate your portfolio to new heights.

Act now, and make this investor's dream a reality.

Features

Bedrooms 6.5
Bathrooms 2
Recep. Rooms 1
Floor Size 94m²
Land Size 112m²
Furnished Yes
Monthly Rates R700.00

Agent Contact Details

Nancy Oeschger
Tyson Properties Atlantic Seaboard

Cell 0795056947
Office (021) 4340615
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