Properties on Auction on 23 March 2017 Summer Place, 69 Melville Road, Hyde Park

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Fully Let Student House

 
Address:
6 Groeneweide Street,Vredelust
Suburb:
Bellville
Province:
Western Cape
Country:
South Africa
Web Ref:
107012
Opening Bid:
R1,500,000.00
Description:
Fully Let student house on large stand
In fair condition (Interior needs painting & some external refurbishment)
Situated at the end of a cul-de-sac adjacent to Tygerberg & Karl Bremer Teaching Hospitals
Gross Annual Income: R360 000 (Yield improvements achievable)
Situated adjacent to a greenbelt
Accommodates 10 full time students
The garage could potentially accommodate 2 more students
3 Upstairs bedrooms, 6 downstairs and an outside studio
3 Bathrooms in the house, 1 in the studio & 1 guest toilet
Ample on-site & street parking
Kitchen designed for separate cooking functionality
Private garden with mature trees
Wi-fi & utilities included in rental structure
Waiting list for places (Mostly medical students)

Auction Details

Date:
23 March 2017
Time:
12:00
Venue:
Summer Place, 69 Melville Road, Hyde Park

Sales Executives

Name:
Ripley Evans
Mobile:


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