NEW
Web Ref RL9171
R3,400,000
Monthly Bond Repayment R33,375.87
Calculated over 20 years at 10.25% with no deposit.
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Income-Generating Student Accommodation Portfolio in One Property
This well-designed, income-generating property presents an outstanding opportunity for investors seeking strong and stable returns. Already structured for multi-unit living, the property generates an impressive R46 500 per month in rental income, offering immediate cash flow and excellent return on investment.
Main Dwelling – Cleverly Divided into Two Separate Homes
The main house has been thoughtfully partitioned into two fully functional and private living units:
Unit 1:
2 well-sized bedrooms
1 neat bathroom
Functional kitchen with separate scullery
Open-plan TV and dining area
Ideal for a small family, young professionals, or student sharing, this unit offers practical, comfortable living with a seamless flow.
Unit 2:
3 bedrooms
2 bathrooms
Separate living and dining areas
Kitchen with its own scullery
Designed for flexibility, this spacious unit comfortably accommodates larger families or multiple tenants while maintaining privacy and functionality.
The current configuration allows for straightforward conversion into student accommodation, with the main house alone capable of accommodating up to 11 students.
Additional Income-Generating Units
The property further includes:
3 Bachelor flats
2 One-bedroom flats
Each unit fitted with its own prepaid electricity meter
Extra Features
*Two boreholes (one fully equipped)
*Sparkling swimming pool
*Spacious yard
*Carport parking for at least 6 vehicles
*Ample additional open parking
*Double garage
*Outside toilet and storeroom
*The outside storeroom and garage offer further development potential and can easily be converted into three additional student rooms, increasing rental income even further.
Whether you are expanding your property portfolio, entering the student accommodation market, or seeking a high-performing asset with immediate returns, this property offers excellent scalability, flexibility, and long-term growth potential. An investment where the numbers truly work in your favour.
Contact Elizma to arrange your viewing today!
Main Dwelling – Cleverly Divided into Two Separate Homes
The main house has been thoughtfully partitioned into two fully functional and private living units:
Unit 1:
2 well-sized bedrooms
1 neat bathroom
Functional kitchen with separate scullery
Open-plan TV and dining area
Ideal for a small family, young professionals, or student sharing, this unit offers practical, comfortable living with a seamless flow.
Unit 2:
3 bedrooms
2 bathrooms
Separate living and dining areas
Kitchen with its own scullery
Designed for flexibility, this spacious unit comfortably accommodates larger families or multiple tenants while maintaining privacy and functionality.
The current configuration allows for straightforward conversion into student accommodation, with the main house alone capable of accommodating up to 11 students.
Additional Income-Generating Units
The property further includes:
3 Bachelor flats
2 One-bedroom flats
Each unit fitted with its own prepaid electricity meter
Extra Features
*Two boreholes (one fully equipped)
*Sparkling swimming pool
*Spacious yard
*Carport parking for at least 6 vehicles
*Ample additional open parking
*Double garage
*Outside toilet and storeroom
*The outside storeroom and garage offer further development potential and can easily be converted into three additional student rooms, increasing rental income even further.
Whether you are expanding your property portfolio, entering the student accommodation market, or seeking a high-performing asset with immediate returns, this property offers excellent scalability, flexibility, and long-term growth potential. An investment where the numbers truly work in your favour.
Contact Elizma to arrange your viewing today!
Features
Pets Allowed
Yes
Interior
Bedrooms
11
Bathrooms
8
Kitchen
3
Reception Rooms
1
Furnished
No
Exterior
Garages
2
Security
Yes
Parkings
6
Flatlet
1
Domestic Accomm.
1
Pool
Yes
Sizes
Land Size
1,652m²
