11 Bed House in Summerstrand

This prime property boasts 11 bedrooms and is currently home to 13 students, presenting a lucrative investment prospect. It is zoned for student accommodation and holds a B accreditation from NMU, ensuring its suitability for this purpose.

The property features a borehole, enhancing its operational efficiency. It comes fully furnished, with existing leases in place, and is managed by a reputable property management agency.

Generating a substantial monthly rental income of R56,985 over a 10-month lease period, this property is divided into four distinct areas: the main house with four large bedrooms, a separate three-bedroom section, and two additional two-bedroom units.

This well-established setup and steady income make it a valuable addition to any investment portfolio.