An outstanding investment opportunity in the heart of Menlo Park, perfectly positioned just minutes from the University of Pretoria. This established student commune offers immediate rental income with excellent potential to modernise, add value, and significantly increase your return on investment.
The property comprises nine rentable rooms, including three separate flatlets that provide enhanced privacy and appeal. Two of the flatlets are fully equipped with their own private kitchens, while the remaining residents enjoy access to a spacious communal kitchen. One room in the main house benefits from an en-suite bathroom, with the remaining rooms serviced by well-maintained shared bathroom facilities. There area 11 parking spaces on the property behind closed gate.
Designed with communal student living in mind, the property features a generous lounge and entertainment area, creating an inviting social environment. Outside, tenants can relax around the swimming pool or enjoy the communal braai area, adding to the property's appeal and helping to attract and retain quality tenants.
Located in one of Pretoria's most sought-after student accommodation precincts, this property offers investors the rare combination of immediate profitability and future growth potential. With some cosmetic upgrades and modernisation, the property presents an excellent opportunity to increase rental demand, maximise occupancy, and achieve even stronger long-term returns.
Whether you're expanding your property portfolio or entering the student accommodation market, this is a turnkey investment in a prime location with exceptional upside potential. It will be immediately profitable as eight rooms already has tenants placed.