R6,235,000
Monthly Bond Repayment R61,205.46
Calculated over 20 years at 10.25% with no deposit.
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High Yield Multi-Unit Investment Property
This exceptional investment property presents a rare opportunity to secure a fully accredited student accommodation asset, positioned for strong and consistent rental income. Accredited with North-West University and boasting Gold Level NSFAS approval, the property is designed to operate at full capacity with reliable demand from students. The main dwelling features an impressive 22 en-suite bedrooms, supported by two fully equipped kitchens and two dedicated laundry rooms, ensuring convenience and efficiency for high-density living. A second dwelling complements the offering with 7 single rooms and 1 en-suite bedroom, along with a communal kitchen, dining area, TV lounge, and two shared shower facilities—creating a comfortable and functional shared living environment that appeals to students seeking both privacy and community.
In addition to its current income-generating capacity, the property offers excellent expansion potential. A third dwelling, currently unoccupied, provides the opportunity to develop 3 to 4 additional bedrooms with a bathroom, or to rebuild entirely and further increase accommodation capacity. The property is well-equipped with three geysers, including one solar unit, as well as a solar panel system installed on the main dwelling for energy efficiency. Three external bathrooms with showers add further convenience, while a fully equipped borehole ensures a reliable water supply. With an accreditation letter in place and rezoning already completed, this is a turnkey investment delivering immediate returns with the added benefit of future growth.
In addition to its current income-generating capacity, the property offers excellent expansion potential. A third dwelling, currently unoccupied, provides the opportunity to develop 3 to 4 additional bedrooms with a bathroom, or to rebuild entirely and further increase accommodation capacity. The property is well-equipped with three geysers, including one solar unit, as well as a solar panel system installed on the main dwelling for energy efficiency. Three external bathrooms with showers add further convenience, while a fully equipped borehole ensures a reliable water supply. With an accreditation letter in place and rezoning already completed, this is a turnkey investment delivering immediate returns with the added benefit of future growth.
Features
Pets Allowed
Yes
Interior
Bedrooms
33
Bathrooms
33
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Garages
2
Security
Yes
Flatlet
2
Domestic Accomm.
2
Pool
No
