R2,040,000

R2,040,000

7 Bedroom House For Sale in Ivy Park
7
Bedrooms
3
Bathrooms
Lebo Sithole
Lebo Sithole

Income Generating Property For Sale

Web Ref. POL-RS01534
Land size 1000.00 m²
Monthly Bond Repayment
R20,025.52
Located in a well-known suburb popular for student accommodation, this exceptional property offers an outstanding investment opportunity with endless potential. Perfectly positioned close to major amenities, everything you need is within walking distance making it highly attractive for students, professionals, or tenants alike.

Originally designed as a spacious 4-bedroom home featuring 2 lounges, a dining area, and a double garage, the property has been cleverly converted using dry walling into a 7-bedroom setup. The dry walling can easily be removed should the new owner wish to restore the home to its original layout.

The current owner successfully operates the property as student accommodation while also utilizing part of the home as a private office, showcasing the versatility and income-generating potential this property has to offer. With a massive stand, there is ample space for future extensions or further development, creating even more opportunities for increased rental income.

Security and convenience are well taken care of with features including an electric fence, CCTV system, borehole, and inverter backup power system.

Whether you are looking to expand your property portfolio, create a thriving student residence, or develop a high-income investment property, this is a rare opportunity waiting for the right buyer. The possibilities are truly endless.
Monthly Rates R1,300

Features

Interior
7 Bedrooms
3 Bathrooms
1 Kitchen
1 Lounge
Exterior
Sizes
Land Size 1,000 m²
Additional Amenities
Alarm System
Backup Water
Closed Circuit TV
Intercom
Irrigation System
Guest Toilet
Borehole
Access Gate
Electric Fencing
Fence
Garden
Paveway
Listing Info
Date Listed 08-05-26
Time Listed 09:39

Finance

Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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Disclaimer

While every effort will be made to ensure that the information contained within the Century 21 South Africa website is accurate and up to date, Century 21 South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.