- 25
- 11
- 2
- 1 005 m2
- 2 552.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 7398.00
Property description
3 HOUSES | 25-BEDROOM STUDENT ACCOMMODATION | INVESTMENT OPPORTUNITY
This fully occupied and professionally managed student accommodation property presents an exceptional investment opportunity with strong, consistent income and outstanding future growth potential. Ideally situated in a prime location, the property is fully rezoned and accredited, with all required approvals and documentation in place.
The property consists of three separate residences, each offering its own kitchen and lounge facilities, together comprising 25 bedrooms ranging in size from 10 sqm to 60 sqm. Approximately 28 parking bays are available, comfortably accommodating residents and visitors alike.
A standout feature of this investment is its established rental income. The property is fully tenanted and currently operates as a successful student accommodation facility, generating an estimated monthly rental income of approximately R140,000, providing investors with immediate cash flow from day one.
Designed for efficiency and sustainability, the property is equipped with gas geysers and gas stoves, as well as a comprehensive solar power system capable of supplying the entire estate. A borehole and backup water storage tank further enhance the property's self-sufficiency, ensuring a reliable water supply year-round.
Security and peace of mind remain a priority, with plans already in place to fully enclose the property, creating a secure and controlled environment for residents.
Offering a rare combination of strong returns, established occupancy, excellent infrastructure, and future development potential, this is a turnkey investment opportunity not to be missed.
Property Details
- 25 Bedrooms
- 11 Bathrooms
- 2 Garages
- 4 Ensuite
Property Features
- Balcony
- Pool
- Laundry
- Kitchen
- Garden Cottage
- Guest Toilet
- Entrance Hall
- Irrigation System
- Paving
- Garden
- Family TV Room
| Bedrooms | 25 |
| Bathrooms | 11 |
| Garages | 2 |
| Floor Area | 1 005 m2 |
| Erf Size | 2 552.0 m2 |
