High-Income Student Residence – 15 Bedrooms, Fully Let & NSFAS Accredited For Sale
This well-maintained, 15-bedroom property is currently home to 21 students, offering top-tier finishes, fully furnished rooms, and modern appliances. With 100% occupancy, it generates a stable monthly income of R75,000 – R80,000,making it an ideal cashflow investment. Accredited by NSFAS, it guarantees a reliable tenant pipeline. Additionally, the property’s layout and amenities allow for seamless conversion into a profitable Bed & Breakfast, unlocking further revenue potential.
Whether you’re an investor or an owner-operator, this asset offers immediate returns and long-term growth in a high-demand student hub. The property is meticulously managed, ensuring a smooth transition to new ownership. Don’t miss this rare opportunity to secure a premium, income-generating asset.
Key Highlights:
• 15 bedrooms | 21 students | Fully furnished
• NSFAS accredited
• R75,000 – R80,000 monthly income
• Potential for BnB conversion
• Prime location near tertiary institutions
• Turnkey operation with existing management
Contact me now to schedule a viewing appointment
Whether you’re an investor or an owner-operator, this asset offers immediate returns and long-term growth in a high-demand student hub. The property is meticulously managed, ensuring a smooth transition to new ownership. Don’t miss this rare opportunity to secure a premium, income-generating asset.
Key Highlights:
• 15 bedrooms | 21 students | Fully furnished
• NSFAS accredited
• R75,000 – R80,000 monthly income
• Potential for BnB conversion
• Prime location near tertiary institutions
• Turnkey operation with existing management
Contact me now to schedule a viewing appointment
Monthly Rates
R2,685
Features
Interior
Exterior
Sizes
Disclaimer
While every effort will be made to ensure that the information contained within the Wakefields website is accurate and up to date, Wakefields makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
