12 Bedroom House for sale in Sandown

Exclusive Student Accommodation in Sandhurst, Sandton : contact agent for cashflow spreadsheet Nestled in the prestigious suburb of Sandhurst, this beautifully refurbished property on Adrienne Street offers premium, secure, and self-contained student accommodation. Spanning 1,600 square meters, the property features12 units in total, 10 modern studio units, each equipped with a private bathroom and kitchenette. 2 of the units are complete 1 bed flatlets. Residents enjoy comfortable living with quality furnishings, including a bed, study table, and ample storage. The property boasts a lovely private garden and a swimming pool, all secured with access control and electric fencing. Maintenance is well-managed, with regular garden and cleaning services ensuring the property remains pristine. All students are thoroughly vetted, and leases are secured with parental guarantees, ensuring a reliable rental income. The average gross monthly rental income is approximately R71,500, with each unit renting for between R5950 & R6,200 per month. Utilities like electricity are prepaid, and water is shared, adding to the convenience. Located in close proximity to top colleges and institutions such as SACAP, Regenesys, and Boston Media and the newly opened EMERIS 9000 student facility, this property is perfectly positioned for steady and significant cash flow. Contact the agent for an investor pack with ROI details and to arrange a viewing.