This ideally situated property has a potential return on investment of between R90 000 and R100 000 per month at 100% capacity. It has NSFAS accreditation and is run by Let It. Overall, the property can host a minimum of 15 students at any given point (12 bedrooms, 10.5 bathrooms). The property consists of one main house, an adjoining flat as well as a second double-story building. The lower level of the double-storey has one 1-bedroom and three 2-bedroom flats at the bottom and a huge entertainment area on top that can potentially be turned into two double rooms to house up to another 8 students. This property has CCTV cameras already installed, a borehole that supplies the entire property(water supply is totally off grid), an alarm system, burglar bars, a single lock-up garage, outside flood lights, 6 carports and controlled access via 2 separate motorized gates.

The main house has 6 rooms, 3.5 bathrooms, a spacious tv room, one big main fitted kitchen and one of the rooms has a private kitchenette - currently housing 6 students. The main house's adjoining flat is made up of 2 bedrooms, one bathroom and a kitchenette - currently housing 2 students. The bottom level of the second double-storey building is made up of 4 flats (one 1-bedroom and three 2-bedroom flats) each with their own electricity meter. Each of these four flats have the bedrooms, a bathroom and a kitchenette - currently, two of the flats house students and the remaining two are used as offices. The top floor of the double story boasts a large entertainment area, the outside section has a built-in braai and one can then move into an inside area that has 2 bathrooms, 2 wash up sinks, built in cupboards and the beginnings of a kitchenette. This top floor area could also be easily converted into more rooms potentially housing an extra 8 students. Contact us to view the investment opportunity of a lifetime!