6 Bedroom House for sale in Manor Gardens

Prime Investment Opportunity: NSFAS Accredited Student Hub in Westridge Location: 26 Malcolm Road, Westridge Price: R 1550 000 Presenting a high-yield investment opportunity in the heart of Westridge. This 1,008 sqm property is a proven "Ultimate Income Generator," currently producing a gross monthly income of R48,900. Fully optimized for student housing, the property boasts a Level 3 NSFAS Grade, ensuring it meets all departmental standards for safety, quality, and student comfort. Key Features: • Current Configuration: 7+ spacious bedrooms and 3+ modern shower facilities. • Flexible Usage: Ideal for continued student accommodation or conversion back to a large family residence. • Development Potential: The expansive 1,008 sqm lot provides ample "dead space" for the construction of additional blocks or outbuildings, significantly increasing the potential ROI. • Strategic Positioning: Situated on a quiet, sought-after road with easy access to transport routes and tertiary institutions. This is a rare opportunity to acquire a "turnkey" business with a stable, high-performing tenant base already in place. Contact me to book your exclusive viewing