R1,390,000

3 bedroom house for sale in Reservoir Hills

50 Plumstead Crescent
3 Beds
2 Baths
2,213m²
Furnished
Priced To Sell: Fully Furnished, Operational Student Accommodation With Bachelor Flatlet, Entertainment Area, Ample Parking, High-income Potential And Significant Expansion Potential.

Invest with Confidence: A True Turnkey Property. This fully furnished residence is currently set up as successful student accommodation, offering the rare combination of immediate, passive income and a fully operational asset. Everything is in place for effortless management and a seamless transition for the new owner.

The main house offers three cozy bedrooms - two double and one single - each equipped with built-in cupboards and dedicated study desks, creating functional and private retreats. The communal heart of the home features shared, air-conditioned spaces including a welcoming lounge, a dining area, a well-equipped kitchen, and modern bathrooms, fostering a sense of community among tenants. Every detail has been considered for ease of living, from the full suite of appliances (fridges, washing machine, microwave, lounge suite) to the newly installed, warrantied geyser. Efficiency is built-in with a prepaid electricity meter and smart wiring that ensures internal lights operate only when needed.

Outside, the property extends its warm invitation with a delightful entertainment area. Tenants can gather around the beautiful boma fire pit, enjoy a braai, or simply unwind on the charming wooden swing chair. Practicality is covered with ample parking for up to six vehicles. Furthermore, peace of mind is paramount, with the property situated on a safe street featuring boom-controlled access and comprehensive CCTV monitoring.

Adding significant value is the separate bachelor flatlet, a self-contained unit that was thoughtfully converted from a garage. It is complete with a fitted kitchen, bedroom, and bathroom, and benefits from its own private entrance. Currently tenanted, this flatlet provides a steady, immediate income stream, making the entire property a complete, high-return package for the discerning investor.

Whether you are looking to expand your portfolio or secure a high-performing asset, this property is perfectly positioned and priced to sell. For the future-focused owner, the main house offers the exciting potential to extend and accommodate more rooms, subject to obtaining the necessary municipal approvals

Property Type
House
Bedrooms
3
Bathrooms
2
Stand Size
2,213m²
Furnished
Yes
Available From
16 Nov 2025
Reference
2432776
Bathroom
,
Address
50 Plumstead Crescent
Property history
Listed for sale at R1,390,000
16 Nov 2025
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