Investment Property / Guest House for Sale
Exceptional income-generating property situated on a spacious 1350m² erf, offering multiple investment opportunities.
The property consists of 8 well-sized rooms, 4 bathrooms, a comfortable lounge area, and a fully functional kitchen, making it ideal for guest house operations or student accommodation.
Currently operating successfully as a guest house, generating a monthly income between R45 000 – R55 000.
Alternatively, the property can be used as NSFAS-approved student accommodation, accommodating up to 15 students, with a potential monthly income of approximately R67 500.
An NSFAS approval letter is available at our office upon request, providing added confidence for investors interested in the student housing market.
Property Features:
• 8 Spacious Rooms
• 4 Bathrooms
• Lounge Area
• Fully Functional Kitchen
• Pre-paid Electricity
• Large 1350m² erf
• Approved for 15 NSFAS students
• Strong rental income potential
This is a prime investment opportunity for buyers looking to enter the student accommodation or guest house market with immediate income potential.
?? Contact us today to arrange a viewing or to request the NSFAS approval documentation.