R1,990,000
R1,990,000
4 Bedroom Freehold For Sale in Townsend Estate
4
Bedrooms
4
Bathrooms
5
Parkings
Ref. RLS955471
Land 496.00m²
Floor 352.00 m²
Monthly Repayment
R21,221.94
Shamim Singh
Shamim Singh
Monthly Rates R865
Total R865

Dynamic, Unique, and Lucrative Investment Opportunity

Web Ref. RLS955471
This traditional property, with its classic architectural features and well-preserved charm, offers a unique and appealing atmosphere for students seeking a comfortable and serene living environment. By repurposing the property into student accommodation, it has the potential to attract a diverse range of students from all over the city.

The central location of the property adds significant value for students and enhances its appeal. Being located in one of the city's most vibrant neighborhoods ensures that students have a wide range of amenities and cultural experiences right at their doorstep. Additionally, the property is easily accessible via public transportation, making it convenient for students to travel from different parts of town.

The conversion of the traditional property into a student accommodation business offers numerous opportunities for profitability and growth. With a high demand for accommodation in the city, the repurposed property can tap into this demand and provide students with a viable option for their housing needs. Additionally, the property can be equipped with modern amenities and facilities to cater to the specific needs and preferences of students, further enhancing its attractiveness and profitability.

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Features

Interior
4 Bedrooms
4 Bathrooms
1 Kitchen
1 Lounge
Exterior
1 Garage
4 Parkings
2 Flatlets
Security
Sizes
Land Size 496 m²
Floor Size 352 m²
Additional Amenities
Built In Braai
Built in Wardrobes
Carpets
Cooling Fans
Covered Patio
Curtain Rails
Electric Garage
Flatlet
Paveway
Sliding Doors
Tiled Floors

Townsend Estate, Goodwood

This residential area is known for being a firm favourite among those who are looking to lead a relaxing, balanced lifestyle. With an array of amenities and entertainment, Goodwood is an exciting place to call home. A brief history of the area Established in 1905 as an intended racing centre, Goodwood was named after a racecourse in England. The founders soon abandoned the idea and built railway stations instead. The town has become synonymous with trade and has born municipality status since the early 1900s. Goodwood has its own coat of arms featuring the depiction of an airplane, ox wagon and a horse jumping over a fence. Distance from key points (Aiport/CBD) Cape Town International Airport is approximately 20 minutes (10,2 km)...
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Finance

Total Amount Repayable
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Monthly Repayment
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