STUDENT RENTAL POTENTIAL- HOUSE FOR SALE IN TENNANTVILLE IN STELLENBOSCH

Property Address: 63 Langstraat-Suid Tennantville, Stellenbosch Sole Mandate - Merely 3.7km from the Engineering Faculty-forming part of a developing student accommodation residential area; many houses in the area have been purchased by investors to let to students for rental income generation. Given the average yearly escalations in the holistic Stellenbosch- it offers a competitive price of R3000-R3500 per room while not only maintaining high demand but scarcity. Public transportation is available at your door. The property features an open plan kitchen and lounge with fireplace. The master bedroom is en suite with built in cupboards. The 2nd (with air conditioner) and 3rd bedroom are adequate in size. The floor plan enables communal space such as open plan kitchen and lounge to be shared among tenants. The yard can be opened up to provide more parking. The property has space in the back yard for extension or construction of additional flat let in order to maximize rental income. Has Garden Temperature Control: aircon Security Features: fence Property Reference #: 3234571 Agent Details: Christopher Theunissen - intern Just Property Stellenbosch 53 Cyrus Building Merriman Avenue Stellenbosch