This impressive property presents an outstanding opportunity for investors seeking a high-yield rental property in a prime location. Positioned less than 2 km from the University of Pretoria, the property is ideally suited for student accommodation and long-term rentals.
Set on a large stand with significant space for future expansion, the property already offers several income-producing units and the potential to create even more rental accommodation. The consistent demand for housing in this area, combined with access to funding through the National Student Financial Aid Scheme, makes this a particularly attractive investment.
Main House
The main residence offers generous living spaces and flexible layout options, making it suitable for continued residential use or conversion into additional rental units.
The house features:
Four well-proportioned bedrooms
Two bathrooms
Three spacious living areas that can easily be adapted for communal use
A large kitchen with ample preparation and storage space
Entertainment area overlooking the swimming pool
Six covered parking bays with additional off-street parking available
For investors looking to maximize returns, the existing layout allows the house to be reconfigured into two 2-bedroom units and two bachelor units, significantly increasing rental capacity.
Additional Rental Units
Separate from the main house, the property already includes several self-contained flats, each with its own private entrance to ensure tenant privacy.
These include:
Two 2-bedroom flats, each with a bathroom and kitchenette
One 1-bedroom flat with kitchenette and bathroom
One bachelor flat
This setup creates multiple independent rental streams, making the property well-suited for student housing or long-term tenants.
Renovations Included in the Purchase
The following upgrades will be completed and form part of the selling price:
Installation of a brand-new bathroom in the main house
Full interior and exterior repainting
Granite countertops to be installed in the main kitchen
Investment Highlights
Excellent location close to the university
Strong and consistent student rental demand
Several existing rental units already in place
Opportunity to expand or reconfigure for higher returns
Ample parking for residents and tenants
Properties with this combination of location, size, and income potential rarely become available, making this an excellent opportunity for investors looking to grow their property portfolio in a high-demand area.