Discover a property designed to maximize rental income and cater to dual-purpose functionality. This building offers excellent versatility, making it ideal for fitness entrepreneurs and student accommodation investors.
Features of the Property:
?? Front Section
Welcoming reception area and office
2 gym studios for fitness and wellness businesses
Functional kitchen, bathroom, and water closet for studio convenience
Parking space for up to 8 vehicles
Rates: R3,100
?? Rear Section – Student Accommodation
7 spacious rooms, perfectly suited for long-term student rentals with an average lease of 3 years
Shared amenities, including kitchen, living, and dining areas
3 bathrooms, 3 water closets, and 2 separate access gates to distinguish gym studio users from student tenants
Alternative Investment Option:
Convert the two gym studios into four extra student rooms, boosting rental income
This property is not just an investment, it's a strategic asset for investors looking to grow and diversify their portfolios.