| Established Student Accommodation Investment on a Prominent Corner Stand |
An exceptional opportunity to acquire a well-maintained, income-generating student accommodation property situated on a prominent corner stand. Thoughtfully configured over two levels, this property has been designed to provide comfortable communal living while offering practical, low-maintenance management for the investor.
The ground floor features a spacious master bedroom with its own private entrance, handmade burglar bars, newly tiled floors and a full en-suite bathroom with a bathtub, making it ideal for an owner-manager, caretaker or premium rental accommodation.
A separate entrance leads to the student accommodation section, where three generously sized bedrooms share a welcoming entrance hall, a communal bathroom comprising a shower, toilet and basin, and a recently renovated communal kitchen. The kitchen offers ample built-in cupboards, granite countertops, a compliant gas hob, plumbing for a washing machine, and freshly painted walls and ceilings. Each bedroom is fitted with built-in cupboards and comfortably accommodates a single bed, study desk and chair.
Upstairs are five additional bedrooms of varying sizes, all fitted with built-in cupboards and serviced by another beautifully renovated communal kitchen with a compliant gas stove, plumbing for a washing machine, and a modern shared bathroom with a shower, toilet and basin. Insulated ceilings on the upper level enhance comfort throughout the year.
Outside, the property offers excellent functionality and security with an ornamental perimeter fence, two separate vehicle entrances from different streets, paved driveways, two covered carports and a convenient storeroom.
Adding further value is an energy-efficient 7.6 kW heat pump system serving the property, helping to reduce operating costs.
As an added bonus, the sale includes virtually all movable furniture currently used in the accommodation, with the exception of one vanity unit, allowing a purchaser to continue operations with minimal additional capital outlay.
This is an ideal investment for buyers seeking a well-positioned student accommodation property with established infrastructure, generous accommodation capacity and excellent long-term income potential.
Key Features:
Corner stand
8 student bedrooms plus private master suite
2 renovated communal kitchens with compliant gas stoves
Granite countertops and built-in cupboards
2 communal bathrooms plus private en-suite
Plumbing for washing machines in both kitchens
Insulated ceilings upstairs
Handmade burglar bars
Ornamental perimeter fencing
Two separate vehicle entrances
Two carports and storeroom
Paved driveways
Energy-efficient 7.6 kW heat pump
Most movable furniture included in the sale
This is a rare opportunity to secure a turnkey student accommodation investment offering immediate operational capability and strong rental potential in a highly sought-after location.
Please contact me to arrange a private viewing
ERF Size 247 m²
Building Size 168m²
Rates R945 per month
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