This well run and well maintained Summerstrand home has A grade accreditation with NMBU.
The property located at 53 IVANA street offers the investor and excellent opportunity to generate up to R57 200 per month, operating for 10 months of the academic year.
The Managers lovely home is known as the EAST WING. This belongs to erf 2887. This spacious 65sqm and beautifully upgraded home borders on erf 2888, 987sqm of "green space". This erf is made of a beautiful garden with plenty shrubs and trees, home to abundant bird life and Mongoose. It leaves a sense of absolute peace and tranquility.
EAST WING :
Front sunroom/ enclosed verandah, stoep with excellent galvanised security gates offers an informal lounge and built in braai.
Step inside the neatly tiled and stylish large open plan living
room. Opening up to the modern well equipped kitchen with plenty cabinet storage space and separate laundry and scullery.
One bright and sunny double bedroom with BIC and modern full bathroom.
SOUTH WING :
Entrance gate to the right of the garage.
Enter into the neatly tiled communal lounge area. 5 Flats each fitted with BIC, counter desk, a kitchenette, equipped with bar fridge, hot plate and microwave, and single bed. Two clean, neat bathrooms with showers are shared by the students.
NORTH WING:
Entrance gate to the left of the garage.
5000 litre water tank plumbed into the house, and room housing the top loader washing machine and 2 troughs outside for students use.
This section offers a large neatly tiled open plan lounge/dining room and open plan kitchen with 3 fridges, stove and microwave.
6 bedrooms and 3 bathrooms in total. Each room has sliding doors opening to the outside and galvanised security gates.
PRE-PAID electricity, borehole up to 40meters and 5000l water tank with filtration system. Aliminium windows and shed for storage of tools.
SOUTH and NORTH WING furniture and equipment included.
Approved plans and Municipality correspondence on request.
Double garage and 2 front parkings.
This property is well managed and been looked after.
With it's close proximity to Campus, it offers the investor and golden opportunity with a shortage of 3600 beds, you are guaranteed to fill your rooms and secure your income.
Income statements on request.
In summary -
MANAGERS HOME
11 STUDENT ROOMS
Up to R 57 200/month income.
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