Potential rental income of R 40 000 pm – Walking distance to UCT

  • R8,000,000
Rondebosch, Cape Town, City of Cape Town, Western Cape, South Africa
Potential rental income of R 40 000 pm – Walking distance to UCT
Rondebosch, Cape Town, City of Cape Town, Western Cape, South Africa
  • R8,000,000

Description

Zoning SR1 –Heritage grading 3B

Total 15 –Bedrooms Total – 6 Bathrooms GLA 1 143 m² 

Unlock the opportunity to create a boutique Guest House, Student accommodation/ residence

This unique opportunity is situated on the corner of Surrey and Raapenberg road at a prominent intersection opposite Campground centre.

The properties are currently rented out on a month to month basis, the Landlord can sell the opportunity with vacant occupation or take over the current month to month rental, achieving approximately R40 000 per month

The three houses/ cottages all have a generous yard that can be converted into extra accommodation. 

Unit 1 erf – 403m2

Unit 2 erf – 347m2

Unit 3 erf – 393m2

Total – 1143/m2 (GLA)

Details

  • Price: R8,000,000
  • Property Size: 1143
  • Bedrooms: 15
  • Bathrooms: 6
  • Property Type: House
  • Potential Monthly Rental Income: R 40 000
  • Universities: University of Cape Town

Overview

  • House
  • Property Type
  • 15
  • Bedrooms
  • 6
  • Bathrooms
  • 1143
  • Address Rondebosch, Cape Town
  • City Cape town
  • State City of Cape Town, Western Cape
  • Zip/Postal Code 7700
  • Suburb Mowbray
  • Country South Africa

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