R1,839,000
R1,839,000
3
Bedrooms
1
Bathrooms
2
Garages
Talitha Tolmay
Elaine Engelbrecht
Prime Student Investment – Earn R24 000 –R30 000 pm While Developing
Exclusive mandate
This rare investment opportunity allows you to generate immediate rental income while planning further development. The existing house can accommodate 8 sharing students, and the double garage with approved plans can be converted into a flat for 2 more students, bringing potential monthly income to R24 000 – R30 000.
Located in a high-demand student area surrounded by NSFAS houses and townhouses, the property is perfect for student accommodation or future townhouse development. A neighbouring complex on an identical stand provides a proven blueprint for success.
The home features a welcoming entrance hall, spacious lounge, functional kitchen with built-in cupboards, eye-level oven, coal stove, and separate laundry. Three bedrooms, a bathroom with a separate toilet, original wooden floors, high ceilings, and a large patio provide versatile space for student rental conversion.
Additional advantages include a double garage ready for flat conversion and an outside toilet, enabling extra rental capacity before development even begins.
With strong student rental demand, excellent location, and the ability to earn while developing, this property offers a smart, low-risk investment.
Contact us today to arrange a private viewing and explore the full development and income potential of this exceptional site.
This rare investment opportunity allows you to generate immediate rental income while planning further development. The existing house can accommodate 8 sharing students, and the double garage with approved plans can be converted into a flat for 2 more students, bringing potential monthly income to R24 000 – R30 000.
Located in a high-demand student area surrounded by NSFAS houses and townhouses, the property is perfect for student accommodation or future townhouse development. A neighbouring complex on an identical stand provides a proven blueprint for success.
The home features a welcoming entrance hall, spacious lounge, functional kitchen with built-in cupboards, eye-level oven, coal stove, and separate laundry. Three bedrooms, a bathroom with a separate toilet, original wooden floors, high ceilings, and a large patio provide versatile space for student rental conversion.
Additional advantages include a double garage ready for flat conversion and an outside toilet, enabling extra rental capacity before development even begins.
With strong student rental demand, excellent location, and the ability to earn while developing, this property offers a smart, low-risk investment.
Contact us today to arrange a private viewing and explore the full development and income potential of this exceptional site.
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