41 Bedroom House in Queenstown Central

Turn-Key Student Accommodation Investment | 82 Beds | Near WSU | High Income This fully operational student residence offers a rare opportunity to invest in a high-yield property ideally located just 500m from Walter Sisulu University Queenstown Campus.The property is currently fully tenanted, accommodating 82 students and generating a stable monthly income of approximately R276,000. A renewable Memorandum of Agreement MOA with Walter Sisulu University ensures consistent occupancy and long-term sustainability.The double-storey building comprises 41 well-maintained rooms, each fitted with built-in cupboards and a private kitchenette, including a gas stove and cylinder for uninterrupted use.Additional facilities include communal bathrooms toilet, shower, and basin, a study room, laundry area, and secure parking. The property is equipped with Wi-Fi and DSTV, enhancing student comfort and convenience.To ensure uninterrupted services, the property includes a generator and two water tanks.Security is a key feature, with palisade fencing, high perimeter walls, controlled access, CCTV surveillance, and an on-site security guard.This property is compliant with student accommodation requirements and is perfectly positioned in a high-demand rental area.Property Features:41 Bedrooms82 Student Capacity41 Kitchenettes with gas stoves & cylindersBathrooms toilet, shower, basinStudy RoomLaundry FacilitiesWi-Fi & DSTVSecure ParkingGenerator2 Water TanksSecurity:Gated accessPalisade fencing & perimeter wallsCCTV camerasOn-site security guardRates & IncomeMonthly Income: R276,000Tenancy: Fully OccupiedAgreement: MOA with Walter Sisulu University and NSFAS renewable every three yearsLocation:500m from Walter Sisulu UniversityExcellent turn-key investment with immediate returns. Financials available on request. Call us now to schedule viewing. Show more Show less