Positioned within easy reach of Northlink College and the University of the Western Cape, this income-generating property presents an exceptional opportunity for investors looking to enter or expand within the student accommodation market.
Designed to maximise rental potential, the property offers 14 spacious rooms and 4 bathrooms, conveniently distributed across both levels of the home to accommodate multiple tenants comfortably. A communal kitchen is situated on the ground floor, while the existing lounge area can easily be transformed into a dedicated study space, creating an attractive and functional environment for students.
Adding further value is a separate two-bedroom granny flat, ideally suited for a house parent, on-site manager, caretaker, or additional rental income stream. This feature provides investors with greater flexibility and enhanced management options for a student housing operation.
With strong demand for accommodation in this educational hub, the property offers excellent income potential and the opportunity to establish a thriving student residence in a sought-after location.
Properties with this level of accommodation capacity and proximity to tertiary institutions are increasingly difficult to find.
Don’t miss this outstanding investment opportunity. Contact me today for further information