An excellent investment opportunity to acquire a well-configured 14-room commercial property ideally suited for affordable and supported letting. The property has been purposefully arranged to maximize occupancy and deliver consistent rental income +- R25 000 per month, making it an attractive option for investors seeking strong yields and long-term demand.
The accommodation comprises fourteen individual letting rooms, supported by communal facilities, designed to meet the needs of affordable housing tenants. The layout allows for efficient management and low vacancy rates, with rooms offering practical, low-maintenance living space.
The property is positioned in a location with proven demand for affordable accommodation, benefiting from close proximity to local Jubilee hospital, Jubilee Mall, public transport links, and employment hubs. This ensures ongoing tenant demand and stable occupancy levels.
The building is well suited to continued use as an affordable letting , with potential to partner with local authorities (TVET College), housing associations, or support providers. The scale of the property allows for economies of management and strong income resilience across multiple tenancies.
This is an ideal acquisition for investors seeking a socially responsible investment with reliable returns, long-term income security, and potential for future growth.