This well-established and income-generating student accommodation property offers an exceptional opportunity for investors seeking a high-yield asset in a growing rental market. Situated on an expansive 1,983 square metre stand, the property provides both immediate returns and significant potential for future development.
The residence comprises 23 fully furnished bedrooms, each designed to meet the needs of student living, offering comfort, practicality, and privacy. The layout is well planned to accommodate multiple occupants while maintaining a functional and communal living environment.
Students are well catered for with two spacious, fully equipped kitchens, allowing for efficient meal preparation and reduced congestion during peak times. The property also includes three bathrooms with ample shower facilities, ensuring convenience and comfort for residents.
Sustainability and cost efficiency are key highlights of this property. It is equipped with three solar geysers, significantly reducing electricity costs, as well as two 5,000-litre JoJo water tanks and a borehole, ensuring reliable water supply even during shortages. These features make the property both eco-friendly and resilient, adding long-term value.
High-speed fibre internet connectivity is installed, an essential feature for modern students and a strong attraction for consistent occupancy.
The large stand offers ample space for extension or further development, whether to add additional rooms, recreational areas, or supplementary facilities to increase rental income.
This property represents a rare combination of scale, sustainability, and growth potential, making it an ideal turnkey student accommodation investment with strong demand and excellent future prospects.