Property description
An exceptional opportunity to invest in a fully operational student accommodation property with a secure income stream through an existing contract with NSFAS. This well-maintained residence caters to 13 students and includes dedicated accommodation for a live-in housekeeper, ensuring daily upkeep and supervision.
The property boasts 9 spacious bedrooms, including one en-suite, and four bathrooms to comfortably serve all residents. A warm and welcoming family room, a fully equipped kitchen, and a vibrant entertainment area offer communal spaces ideal for student living and social interaction.
Additional features include:
A well-kept garden, perfect for relaxation and outdoor activities
Convenient laundry facilities
A secure storeroom
Perimeter fencing for added security
Six CCTV cameras, providing round-the-clock surveillance
Situated in a student-friendly neighborhood with easy access to transport and educational institutions, this property is designed for comfort, security, and long-term sustainability. Whether you're a seasoned investor or new to the rental property market, this is a turnkey solution with immediate returns.
- Single Storey
- Tiled Floors
- En Suite
- Shower
- Toilet And Basin
- Basin
- Bath
- Toilet
- Laundry
- Grill
- Closed Circuit T V
- Totally Fenced
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Agents
Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
R 212 000Payment term
20 yearsInterest rate
11.5%Your payment
R 20 347 / mo.
