9 Bedroom House for sale in Westdene

High-Yield Investment Opportunity | Student Accommodation in Westdene Price: R 2 595 000.00 Looking for a high-performance asset to add to your portfolio? This property is strategically located in the heart of Westdene, just a stone's throw from several major varsity campuses. With the massive demand for student housing in the area, this is a "set and forget" investment with incredible upside. Current Configuration andamp; Income Monthly Gross Return: R 28 500.00 Fully Let: The property is currently occupied, ensuring immediate cash flow from day one. Massive Capacity: The main house boasts 9 spacious rooms with convenient ablution facilities located on each floor. Income Security: Final rental yields are being finalized as students return for the new academic year-secure the property now as leases are being signed! The "Value-Add" Play This isn't just a standard rental; it's an opportunity to force appreciation and maximize your ROI: Untapped Potential: An outbuilding featuring a room with an en-suite bathroom is already in place and just needs completion. Once renovated, this will generate an additional R 4 000.00 per month in rental income. Reconfiguration: Two of the "massive" existing rooms offer enough footprint to be partitioned, potentially increasing the total room count even further. Cosmetic Upside: A few cosmetic upgrades will bring this property into pristine condition, allowing for premium rental rates in the future. Key Highlights Prime Location: Walking distance to campuses-the #1 priority for student tenants. Scalable: Multiple avenues to increase the current rent roll. High Demand: Westdene remains a hotspot for student accommodation investors. Investor's Note: With the academic year kicking off and huge interest already mounting, this property will move fast. Don't wait for the "Sold" sign. Secure your next high-yield asset today. DORICEL (PTY) LTD trading as RE/MAX Superior (Mulbarton) operates in terms of a franchise agreement with RE/MAX of Southern Africa.