Exclusive to Prime Group
*NSFAS Ready - Spacious 11 Bedroom Student Accommodation For Sale - Huge Yard & Excellent Income Potential (Current rental income of R74 000 plus a potential of 92k - 108k depending on setup) .
This well-maintained and highly secure 11-bedroom property is currently operating as a fully functional NSFAS student accommodation with excellent rental income. Set on a large, spacious yard, it offers more than just rooms - it offers comfort, security, and a true home environment for students.
ACCOMMODATION OFFERS:
Bedrooms: 11 Spacious Bedrooms in total.
- 4 Bedrooms inside the main house - all with built-in cupboards (BIC)
- 7 Outside Bedrooms with movable wardrobes
- 1 Outside bedroom offers private ensuite for added privacy
Bathrooms: 4 Full Bathrooms to serve all rooms - each fitted with shower, basin and toilet. Plus 2 functional geysers ensuring hot water at all times.
Living Areas:
- Large lounge with cozy fireplace
- Separate TV / Family Room
- Formal dining room
Kitchen Facilities - Fully Equipped for Students:
- Main kitchen with built-in cupboards
- Scullery with built-ins
- A total of 5 cooking facilities: 4 electric stoves + 1 gas stove - no queuing for cooking!
Security & Extras:
- Burglar bars on all windows
- Functioning CCTV camera system for 24/7 monitoring
- Enclosed yard with ample parking and outdoor space
- Spacious yard perfect for laundry lines, studying outdoors and gatherings
This is a turnkey NSFAS investment. Compliant, secure, and in high demand. Ideal for an investor looking for immediate income or an owner looking to continue as student housing.
NSFAS Compliant: Tidy, spacious, secure and well-equipped as per photos.
Book a viewing today - this opportunity won't stay on the market long!
Some of the photographs have been digitally enhanced using The Prime Group's Proprietary Digital Enhancement Systems to remove visible clutter and demonstrate what the space could look like after a thorough clean and decluttering. These images are intended to illustrate the potential of the space and are not a true representation of its current condition. Buyers are encouraged to view the property in person to appreciate its current condition and potential.