Unlock the potential of student housing with this enticing investment opportunity. Situated just a short 5-minute walk from Rhodes University Theatre, this complex offers 24 units, each approximately 50 sqm, designed with student convenience in mind. This 2nd-floor, west-facing unit has appealing views to campus, St Andrews and the Makhanda hills.
Featuring two bright bedrooms with en-suites, a modern kitchen equipped with appliances, and a spacious living area, tenants will feel right at home. Benefit from hassle-free maintenance with tiled flooring and aluminium windows, while secure parking and water tanks ensure uninterrupted living. Plus, security from 18h00 to 06h00 provides peace of mind for both residents and investors alike.
With a rental income of R8820 for 2024 (or R4410 per
room per month), this return on investment is hard to beat. Don't miss out on this opportunity to transform rent into a sound investment for your child's future!
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