House for sale at 402 Carinus Street
Tap into vibrant student living minutes from the University of Pretoria with expansive grounds, entertainment area and swimming pool — versatile main house (4 beds, 2 baths) and six carports.
This well-developed property is situated on a huge stand with ample space for future expansion and further development. Located less than 2km from the University of Pretoria, it offers outstanding rental potential for student accommodation. Students may qualify for funding through National Student Financial Aid Scheme (NSFAS), making this an ideal investment opportunity.
Main House:
. 4 Bedrooms
. 2 Bathrooms
. 3 Spacious Living Areas
. Huge Kitchen
. Entertainment Area with Swimming Pool
. 6 Carports & Ample Additional Parking
Bonus: The main house can easily be converted into two 2-bedroom flats and two bachelor units, maximizing rental income.
Additional Income-Generating Units (Separate Entrance):
. Two 2-Bedroom Flats (each with 2 bedrooms, bathroom & kitchenette)
. 1-Bedroom Flat with bathroom & kitchenette
. Bachelor Flat
The flats have their own separate entrance from the main house, ensuring privacy and convenience for tenants.
The following renovations are Included in the Selling Price which still have to be done:
. Brand-new bathroom in the main house
. Interior and exterior painting
. Granite countertops in the main house kitchen
This property offers:
. Excellent location
. Strong student rental demand
. Multiple income streams
. Expansion potential
. Secure parking
A rare opportunity to secure a high-return investment property in a prime location.
Listed for sale at R3,500,000
Meyerspark is a tranquil, established residential suburb in Pretoria East that offers a peaceful family-oriented lifestyle with convenient access to major highways and essential urban amenities.
