10 Bedroom Student House for sale - Excellent Student Accommodation Investment
This spacious 10-bedroom student house offers an excellent opportunity for an investor looking to enter or expand in the student accommodation market.
The property features 10 well-sized bedrooms, a huge study room, a lovely, neat kitchen, 3 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
10 bedrooms
Huge study room
Neat, well-maintained kitchen
3 bathrooms
Separate toilet
Storeroom
Fully accredited student accommodation
Rental Income R48k
The property currently accommodates students under bursary and cash arrangements:
Bursary students: R4800 per student per month
Student rental period: February to the end of November each year
Bursaries are paid directly through UFS and NSFAS
With 10 bedrooms, this property offers the potential for attractive annual rental income while catering specifically to the student accommodation market, prepaid electricity.
An ideal opportunity for an investor looking for an established student accommodation property with existing income potential.
Interested? Give me a call.
Property Features
Key Features
Bedrooms10
Bathrooms3
Garages1
Carports1
RatesR 8 900
Pets AllowedNo
Interior
Kitchen
Built-in Cupboards