R 3 500 000
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9 Bed House in Summerstrand

9 4.5 2 953 m² 250 m²

Not to be missed student accommodation opportunity within walking distance to Nelson Mandela University. This 9 bedroom house comfortably accommodates 16 students. The property is a fully functional student accommodation and is being sold lock stock and barrel.

This opportunity is a lucrative investment, especially considering its consistent full capacity occupancy and accreditation history.

The property accommodates cash paying students as well as other bursaries. It is accreditation ready and was at one point accredited as a grade B accommodation by Nelson Mandela University.

The amenities such as the borehole, electric fence, electric gate, and CCTV surveillance add extra value and security.

Property details

  • Listing number T4562389
  • Property type House
  • Listing date 16 Mar 2024
  • Land size 953 m²
  • Floor size 250 m²
  • Rates and taxes R 3 500

Property features

  • Bedrooms 9
  • Bathrooms 4.5
  • Lounges 2
  • Dining areas 1
  • Covered parking 2
  • Flatlets
  • Pool
  • Furnished
  • Garden

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