7 Bedroom House for sale in Summerstrand

Situated in the highly sought-after suburb of Summerstrand, this exceptional property at 22 Ivana Drive presents a rare opportunity for savvy investors looking to tap into the thriving student accommodation market. Set on a generous 1079m² erf, this well-maintained home is currently operating as NSFAS-accredited student accommodation, comfortably housing 9 students and generating immediate rental income. The main house offers: 4 spacious bedrooms 5 bathrooms A well-sized kitchen and inviting living area designed for shared student living Ample natural light and practical layout for easy day-to-day functionality In addition, the property features three separate outbuilding en-suite units, providing further income-generating potential or flexible accommodation options. Outside, the home boasts a large yard with plenty of space, as well as a dedicated entertainment and braai area—perfect for creating a balanced student lifestyle. With its prime location close to major institutions and amenities, existing accreditation, and strong rental demand in the area, this property is a turnkey investment with room to scale.