Description

SPACIOUS FAMILY HOME + NSFAS STUDENT ACCREDITED ACCOMMODATION, SUMMERSTRAND (A graded)

!! PRICE REDUCED !!

This beautiful Summerstrand home is situated on a large corner plot. It has a grand entrance hall with guest loo and office to the
left. The spacious double storey home is 227 sqm under roof with a balcony on top with all 3 bedrooms opening up onto it.
Downstairs is a large 32 sqm covered verandah.
This lovely home offers a beautiful quality fully equipped open plan Gourmet kitchen with centre island for informal dining, and separate scullery area. Open plan tiled dining and lounge area with sliding doors leading outside onto the large covered verandah and garden beyond.
Modern light fittings and staircase with chrome railings give it a very modern feel.
Upstairs are 2 guest bedrooms with shared full bathroom, and the master bedroom is very spacious with luxury en-suite batrhoom with his and her basins and a spa bath to relax and de-stress!

On the same property but a complete separate entrance are the super neat student accommodation units, comprising of 2 floors.

Pricing includes all furniture and equipment for the double storey, 10 rooms and 2 kitchens.
MADE UP AS FOLLOWS -
UPSTAIRS :
Landing area - 2 leather couches and wall TV
Laundry - washing machine for students use
Large quality kitchen, fully equipped with TV
6 single room units, each neatly tiled with a bed, curtains, BIC and study nook
DOWNSTAIRS :
TV/ social area with couches and wall TV
Quality kitchen fully equipped
4 single units, same as top floor.
The kitchen leads out to a quart yard and washing lines.

500 litre water tank plumbed into the house

Solar geyser system serves the student accommodation

The accommodation is student accredited by NMBU. Long term leases are in place for 10 months of the year, paid by NMBU. 

Current zoning is for RES 1. Application has been made for student zoning which is conditionally approved subject to parking restrictions being adhered to - in process.

This accommodation is in pristine condition and offers students, "home away from home", strict rules are in place, zero tolerance for drugs and alcohol. A full time domestic lady is on duty.
A double garage with washing machine connections and parking for another 2 to 3 vehicles behind an automated gate.

Students have a short walk away at the SPAR to catch the free bus to campus.

This is a great investment opportunity and comes with the added bonus of a quality Summerstrand home which could easily also be utilised for further accommodation.
Income and Expenditure on request for SERIOUS BUYERS.

I look forward to sharing this great property with you!