Welcome to this exceptional investment opportunity, previously used as a student accommodation residence. Located in a well-established area, this property comes with an existing clientele, making it perfect for investors seeking immediate rental income.
Property Features:
The property is situated on a spacious stand with two houses in the yard. The main house features three separate entrances, offering flexibility and privacy:
Entrance 1: Leads to a toilet, conveniently located for shared access.
Entrance 2: Opens into the main house's central passage.
Entrance 3: Serves as an exit/entrance for Room 1.
Inside the Main House:
Room 1: Equipped with two beds, movable cupboards, and wooden floors – ideal for student tenants.
Spacious Kitchen: Modern open-plan design
with tiled floors, built-in stoves, cupboards, and ample space for meal prep and storage.
Passage Area: Fitted with beautifully crafted bookshelves for shared use.
Room 2: Wooden flooring, two beds, study tables, and movable cupboards.
Room 3: Generous space for two to three beds, study area, and movable cupboards.
Room 4: Includes built-in cupboards, two beds, and study table space.
Shared Bathroom: Features a separate toilet and basin for convenience.
Room 5 (En-Suite): A standout space with its own private bathroom. Includes built-in cupboards, bed and study space, and large windows allowing natural light. This room also features a private exit leading directly to the beautiful garden.
**Outdoor Features:
Lush Garden Area: Ideal for relaxation or outdoor studying.
Braai & Lapa Area: Perfect for social gatherings, situated in a cozy corner of the yard.
This property is ideal for continuing as a student residence, co-living space, or even transitioning into a guest house. With a solid existing client base, it offers both immediate returns and long-term potential.
**Basement Level:
A hidden gem of this property is its basement area, offering extra communal space and additional accommodation:
Three dining areas, ideal for shared meals, study groups, or meetings.
Room 1 (Basement): Two beds.
Room 3 (Basement): Two beds.
A storage area located next to Basement Room 3 – excellent for securing supplies or student belongings.
**Additional Property Highlights:
Secure yard with space for both relaxation and functionality.
Ideal for investors looking for passive income with minimal setup.
Currently running as a student accommodation with active tenants.
4 Bedrooms: Each furnished with 2 beds, chairs, and movable cupboards.
Separate Bathroom: Servicing all rooms.
Separate Toilet: For added convenience.
Outdoor Shower: Functional and practical for student living.
Kitchen Area: Equipped with a stove—ideal for light meals or entertainment.
Bonus Feature – Rooftop Braai Area:
One of the standout features of this property is the top-roof braai/entertainment area on the second building—offering stunning views over Pretoria, perfect for relaxing after classes or hosting weekend get-togethers.
** Key Highlights:
Existing student clientele
Spacious layout across two houses
Total of 9+ bedrooms across both houses
Multiple shared and private bathrooms
Gardens, rooftop, and outdoor entertainment spaces
Centrally located with easy access to transport and institutions
This is an opportunity you don’t want to miss. Contact us today to book a viewing and secure this high-yield investment property in Pretoria!
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