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Gqeberha Central, Gqeberha Central, Gqeberha, Eastern Cape
R 1 650 000
Student Accommodation This high-potential property offers a lucrative opportunity for investors looking to enter or expand within the student accommodation market. Currently set up as a fully functional student residence, the layout is optimized for high-density living with a configuration of seven bedrooms and four bathrooms. Living & Communal Spaces Inviting Entry: Residents are greeted by a formal entrance hall that flows into a large, open living area designed for communal relaxation. Functional Kitchen: The kitchen is equipped with extensive built-in cabinetry and is plumbed for laundry appliances, with dedicated space for a freestanding stove. Outdoor Utility: Directly accessible from the kitchen is a private courtyard and a separate drying yard, ensuring practical day-to-day operations. Room Specs & Finishes Architectural Appeal: This double-volume residence features classic exposed wooden flooring throughout, providing a durable yet character-filled aesthetic. Furnished Accommodations: The seven bedrooms offer a versatile mix of single and shared occupancy options. Study-Ready Features: Each room is equipped with built-in cupboards and integrated desks to suit a student's needs. Climate Control: Four of the primary bedrooms are fitted with air-conditioning units for year-round comfort. Security & Investment Potential Comprehensive Protection: Peace of mind is a priority, with a full alarm system, reinforced burglar bars, and security gates installed across the premises. Strong Yields: Positioned in a high-demand hub, this property is primed for consistent rental returns and long-term capital growth. Don't miss out on this established income-generator. Contact Sikhonzele Mene today to view the property and discuss the projected investment returns!
Estimated monthly repayment
R 15 581
on a R 1 485 000 bond over 20 years at 11.25%
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Gqeberha Central, Gqeberha Central, Gqeberha, Eastern Cape
Area view — the exact address is shared on enquiry.
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