Income Generating Property For Sale

Description

Located in a well-known suburb popular for student accommodation, this exceptional property offers an outstanding investment opportunity with endless potential. Perfectly positioned close to major amenities, everything you need is within walking distance making it highly attractive for students, professionals, or tenants alike. Originally designed as a spacious 4-bedroom home featuring 2 lounges, a dining area, and a double garage, the property has been cleverly converted using dry walling into a 7-bedroom setup. The dry walling can easily be removed should the new owner wish to restore the home to its original layout. The current owner successfully operates the property as student accommodation while also utilizing part of the home as a private office, showcasing the versatility and income-generating potential this property has to offer. With a massive stand, there is ample space for future extensions or further development, creating even more opportunities for increased rental income. Security and convenience are well taken care of with features including an electric fence, CCTV system, borehole, and inverter backup power system. Whether you are looking to expand your property portfolio, create a thriving student residence, or develop a high-income investment property, this is a rare opportunity waiting for the right buyer. The possibilities are truly endless.

Features

Alarm System

Yes

Backup Water

Yes

Closed Circuit TV

Yes

Intercom

Yes

Irrigation System

Yes

Guest Toilet

Yes

Borehole

Yes

Access Gate

Yes

Electric Fencing

Yes

Fence

Yes

Garden

Yes

Paveway

Yes