9 Bedroom Student House for sale - Excellent Student Accommodation Investment
This spacious double-story 9-bedroom student house offers an excellent opportunity for an investor looking to enter or expand in the student accommodation market.
The property features 9 well-sized bedrooms, a huge study room, a lovely neat kitchen, 2½ bathrooms, with a separate toilet, as well as a convenient storeroom for all your garden tools and equipment.
The property has two separate entrance gates, providing convenient access and added practicality for student accommodation.
Student Accommodation Details
9 bedrooms
Huge study room
Neat, well-maintained kitchen
2½ bathrooms
Separate toilet
Storeroom
Two entrance gates
Double-storey property
Fully accredited student accommodation
Not rezoned
Rental Income
The property currently accommodates students under bursary and cash arrangements:
Bursary students: R5,000 per student per month
Cash-paying students: R3,500 per student per month
Student rental period: February to the end of November each year
Bursaries are paid directly through CUT and are not NSFAS
With 9 bedrooms, this property offers the potential for attractive annual rental income while catering specifically to the student accommodation market. Transport - shuttle bus, prepaid electricity.
An ideal opportunity for an investor looking for an established student accommodation property with existing income potential.
Interested? Give me a call, Jano Notghnagel
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