7-Bedroom Student House – Fully Tenanted Investment Opportunity

ZAR 1,850,000~€99,902
  • 7 Bedrooms
  • 1.5 Bathrooms
  • ~974 m² Plot surface

Description

This well-positioned 7-bedroom student house presents an excellent investment opportunity, with the property currently fully tenanted and offering the potential to generate additional rental income. The accommodation comprises six single rooms and one double room, making it well suited to student accommodation. The property offers a bathroom fitted with two showers and a separate toilet, as well as an additional outside bathroom for added convenience. Additional features include solar power and a water backup system, ensuring greater independence and convenience, together with an alarm system and prepaid electricity. A spacious covered outdoor area provides secure space for vehicles and can also be used as an entertainment or communal area. The property also offers potential for further development, with space to add additional buildings or accommodation units, subject to the necessary approvals. A great opportunity for investors looking for an established, fully tenanted student accommodation property with potential to expand and increase future rental income. Whatsapp Ouida for more information
Features
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Engel & Völkers Potchefstroom

Your advisor: Ouida Pieterse

Property ID: ENV227469

Property details
  • Property type

    House

  • Bedrooms

    7

  • Bathrooms

    1.5

  • Plot surface

    ~974 m²

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