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8 Bedroom House For Sale in Universitas Ridge

R4,300,000


Monthly Bond Repayment R42,930.34
Calculated over 20 years at 10.5% with no deposit.

Web Ref No LFBN-7921-4272307

Picture perfect dual purpose property

A unique mixed-use property has come on the market. Don’t miss out on this multifunctional premises!

This piece of land boasts multiple types of real estate uses within a single location, offering 2 separate houses designed to maximize space and adapt to changing needs.

The premises, conveniently located near the N1, can be easily transformed into:
- A lucrative business opportunity, by carrying on with its current activity as a thriving guest house.
- A family affair, accommodating more than one family on one erf.
- A work-life balance hub, conveniently featuring a free-standing family home and offices.
- A student / young professional accommodation investment opportunity, offering a combination of 8 spacious rooms and units, and 7 bathrooms.
- A property development opportunity, residing in one house and selling the second.

In addition to the combination of 8 family rooms / self-catering units, and 7 bathrooms, the property offers 2 braai areas, safe shaded parking for 10 vehicles, a laundry room, a solar system, water tanks, security cameras, central air conditioning, and a beautiful garden.

Features

Bedrooms 8
Security Yes
Bathrooms 7
Recep. Rooms 10
Study 1
Floor Size 587m²
Garages 3
Land Size 1,663m²
Carports/Parkings 7
Furnished Yes
Monthly Rates R8,000.00
Extras

Balcony
Patio
Laundry
Built in Wardrobes
Fence
Security Gate
Built In Braai
Irrigation System
Garden
Closed Circuit TV

Agent Contact Details

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