R 4 100 000
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15 Bed House in Summerstrand

15 6 1 020 m² 426 m²

Attention Investors !!! Prime Grade A Student Accommodation Near NMU

Location: Rubin Crescent, within 1km from Nelson Mandela University (NMU) Main Campus

Property Overview:

This fully accredited Grade A student accommodation offers an exceptional investment opportunity. The property is ideally located within walking distance of Nelson Mandela University, offering immediate income potential. Divided into three sections, this low-maintenance property is fully furnished and designed for long-term durability and convenience.

Property Features:

Three Separate Sections

Each section includes:

5 Spacious Bedrooms

2 Bathrooms

1 Living Room

1 Fully Equipped Kitchen

Total Bedrooms: 15

Low Maintenance: Face brick exterior with durable aluminum windows.

Utilities:

Pre-paid electricity meter

Borehole water supply for cost-saving efficiency

Fully Furnished: Sale includes all furniture and appliances.

Student Tenants:

Accommodates 12 NSFAS students and 4 cash-paying students.

Financials: Available upon request. Proven income from current tenants.

Additional Features:

Prime location, walking distance from NMU.

Low maintenance, ideal for student accommodation.

Investment Potential:

This property presents a lucrative opportunity for investors seeking stable rental income. The current tenant mix ensures a steady income flow, and its proximity to NMU guarantees consistent demand.

Property details

  • Listing number T4784671
  • Property type House
  • Erf size 1 020 m²
  • Floor size 426 m²
  • Rates and taxes R 5 340

Property features

  • Bedrooms 15
  • Bathrooms 6
  • Lounges 3
  • Pet Friendly
  • Laundry
  • Pool
  • Furnished
  • Garden

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