Income-Generating Investment Opportunity – 15-Room Property Near School
This fully tenanted 15-room property offers a rare chance to step into a high-yield investment with immediate returns and long-term growth potential.
Current Rental Breakdown:
8 rooms @ R2,500/month
3 rooms @ R2,750/month
4 rooms @ R3,000/month Total Monthly Income: R40,000 Annual Yield: ±R500,000
Prime Location: Situated near a school, this property is ideally positioned for student accommodation. With NSFAS approval, rental potential skyrockets — just one student at R3,500/month could push monthly income to R105,000 with full occupancy at that rate.
Expansion-Ready: Built on a solid foundation capable of supporting a double-storey structure, this property offers excellent scope for vertical development. Add more rooms and multiply your returns.
Key Highlights:
Fully occupied with reliable tenants
Substantial rental income with upside potential
Close to educational institutions — ideal for student housing
Structurally sound with expansion capability
Whether you're a seasoned investor or looking to start your portfolio, this property delivers on cash flow, location, and future growth.