High-Yield Student Accommodation Investment in Old Belhar
Positioned in the sought-after suburb of Old Belhar, this established student accommodation offers an excellent opportunity for investors looking to enter or expand within the growing student rental market.
Currently operating as a successful student residence, the property can accommodate up to 11 students and currently generates an impressive rental income of approximately R40,000 per month(there is about 8 students currently), providing immediate cash flow from day one.
Designed for practical communal living, the property features:
Accommodation for 11 students
A spacious communal kitchen
Shared living spaces
Borehole water supply, significantly reducing monthly water costs and operating expenses. The house currently is supplied with borehole water . The only tap that is supplied with muni water is the kitchen tap which is used for daily consumption.
Located within easy reach of the University of the Western Cape (UWC) and other essential amenities, the property is ideally positioned to attract consistent student demand year after year.
It presents an excellent opportunity for an investor to modernize and potentially increase rental returns over time. Whether you choose to continue operating it in its current form or upgrade the accommodation to command premium rentals, this property offers exceptional income-generating potential.
An established investment with proven returns, low running costs, and room for future growth—this is an opportunity not to be missed.