Income-Producing Property - Student Accommodation
This spacious property currently accommodates 22 students and generates a reported income of R65,000, offering an opportunity for investors seeking an established student accommodation property.
The main home features seven bedrooms and five bathrooms, with three bedrooms enjoying en-suite facilities. Spacious bedrooms with built-in cupboards provide practical accommodation, while two additional rooms in the outbuilding offer further flexibility.
A swimming pool and entertainment area add to the property’s appeal. Parking includes a single lock-up garage and two parking bays.
Set on a 556 m² erf, the property also offers potential for office or call-centre use, subject to the necessary zoning and approvals.
**Property highlights**
- Seven-bedroom main home with five bathrooms
- Three en-suite bedrooms
- Two additional rooms in the outbuilding
- Currently accommodates 22 students
- Reported income of R65,000
- Spacious bedrooms with built-in cupboards
- Swimming pool and entertainment area
- Single lock-up garage and two parking bays
- Erf size: 556 m²
- Rates and taxes: R3,910 per month
The main home features seven bedrooms and five bathrooms, with three bedrooms enjoying en-suite facilities. Spacious bedrooms with built-in cupboards provide practical accommodation, while two additional rooms in the outbuilding offer further flexibility.
A swimming pool and entertainment area add to the property’s appeal. Parking includes a single lock-up garage and two parking bays.
Set on a 556 m² erf, the property also offers potential for office or call-centre use, subject to the necessary zoning and approvals.
**Property highlights**
- Seven-bedroom main home with five bathrooms
- Three en-suite bedrooms
- Two additional rooms in the outbuilding
- Currently accommodates 22 students
- Reported income of R65,000
- Spacious bedrooms with built-in cupboards
- Swimming pool and entertainment area
- Single lock-up garage and two parking bays
- Erf size: 556 m²
- Rates and taxes: R3,910 per month
Monthly Rates
R3,910
Features
Interior
Exterior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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