Property description
This property consists of two sections: a main house and a student accommodation facility. It is located within walking distance of schools and the town centre, and is situated inside a secure complex.
Main House Includes:
Two living areas
Study
Three bedrooms, each with an en-suite bathroom and built-in cupboards
Kitchen with separate scullery
Separate laundry
Tiled floors throughout
Carport with space for up to four vehicles in tandem
Remote-controlled gate and palisade fencing around the house
Single-phase prepaid electricity and municipal prepaid water
Student Accommodation Features:
18 bedrooms, each designed for 4 students
Each room has built-in cupboards, a study area, and a private bathroom (shower, toilet, and basin)
Communal entertainment area
Shared dining/lounge area
Student kitchenette
Office space currently used as a tuckshop
Laundry room
Staff room with shared bathroom
CCTV surveillance throughout
10 geysers (servicing two rooms per geyser)
Two 10,000L water tanks
Outdoor space for student use
Capacity: 72 students; current occupancy approximately 50%
Monthly rent: R3,200 per student on a 12-month lease
Accommodation established 2.5 years ago; primarily serves students from nearby academies
This property offers the opportunity to combine residential living with rental income from student housing.
To arrange a viewing, please get in touch.
- Study
- Fibre Internet
- Covered Parking
- Garden
Location rating
Nearby Transport
Nearby Education
Nearby Other
Request property details from @ Home Property Group SA (PTY) LTD
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Agents
Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
