16 Bed House in Summerstrand

Student Accommodation Investment Opportunity near University

This exceptional student accommodation property, situated close to the university, comprises two fully tenanted houses on a single erf, offering a combined rental income of R65,000 per month.

Minami House

10 individual rooms, each rented at R3,700

Monthly Rental Income: R37,000

Kita House

Room 1: R3,700

Room 2 (shared): 2 rooms at R2,700 each

Room 3: R3,700

Room 4: R3,600

Room 5 (shared): 2 rooms at R3,100 each

Room 6 (shared): 2 rooms at R3,100 each

Monthly Rental Income: R28,000

Combined Monthly Income for Both Houses: R65,000. 2025 scheduled to increase. The property was also utilized for holiday accommodation over December/January, ensuring income over 12 months.

This property presents a robust investment opportunity with consistent rental income.

Contact Hagen today for further details or to arrange a viewing.