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Sophiatown, Sophiatown, Johannesburg, Gauteng
R 1 650 000
The property comprises 8 student rooms, including 2 self contained bachelor units, providing a variety of accommodation options to suit different student preferences. The remaining rooms are spacious and designed to offer a comfortable living and study environment. The 8 bedroom operational student accommodation property, ideally suited for investors seeking a stable rental income stream. This property is NSFAS accredited, making it an attractive housing option for students and ensuring consistent demand. The accommodation offers spacious bedrooms and comfortable communal living areas designed to meet students' needs. For added convenience and security, the property features a backup power system, ensuring uninterrupted electricity supply during outages, as well as a comprehensive CCTV surveillance system for enhanced safety and peace of mind. Key Features: 8 spacious student bedrooms NSFAS accredited accommodation Backup power system CCTV security system Established student rental income Secure and well maintained property Excellent investment potential This is a rare opportunity to acquire a ready to operate student accommodation property in a high demand rental market. Call us today! to make a viewing appointment.
Estimated monthly repayment
R 15 581
on a R 1 485 000 bond over 20 years at 11.25%
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Sophiatown, Sophiatown, Johannesburg, Gauteng
Liivra AI market value
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Listed by
Bongani Pretorius
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