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Eike Park, Eike Park, Randfontein, Gauteng
R 1 550 000
Imagine owning a home that not only offers comfortable living but also generates a steady monthly income. This is your chance to own a well-located investment in Eike Park, just a short walking distance from Westcol College. This property offers the best of both worlds. The main house is perfect for a family, while the separate student accommodation gives you a steady monthly rental income. MAIN HOUSE: • 2 spacious bedrooms • 1 full bathroom • Large open-plan lounge and dining area • Separate TV room • Beautiful kitchen with cherry wood Units STUDENT ACCOMODATION(Separate Entrance): • Own private entrance • Open-plan kitchen, dining area and TV room • 4 spacious bedrooms that can accommodate up to 10 students. • 2 Spacious bathrooms ADDITIONAL FEATURES: • Outside toilet for added convenience • Storeroom for extra storage space • Large paved yard with a beautiful garden, offering plenty of outdoor space • Spacious carport that can accommodate 4 or more vehicles NOTE: The seller will complete the installation of the ceiling in the student accommodation, giving the new owner a finished, move-in-ready investment. Whether you are an investor looking for excellent rental returns or a family wanting extra income, this property is an opportunity you don't want to miss. Live in the main house and earn approximately R15,000 per month from the student accommodation, or rent out the entire property for even greater income potential. Properties in this location are always in demand because of their close proximity to Westcol College. Don't miss this opportunity to invest in your future. Call me today to arrange your private viewing
Estimated monthly repayment
R 14 637
on a R 1 395 000 bond over 20 years at 11.25%
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Eike Park, Eike Park, Randfontein, Gauteng
Listed by
Christiaan Coetzee
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