R 8 500 000
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26 Bed House in Die Bult

26 20 25 2 508 m²

These TWO Student houses , perfectly located on a 2508m2 stand very close to the NWU, are an EXCELLENT INVESTMENT. with rezoning in process.

I am proud to introduce my SOLE MANDATE . An investment property that, up until now, you could only have dreamed of owning. These two, very well established student houses cater for female students and can boast of a 95% occupancy rate even right through COVID times when the NWU was closed. The first house is still occupied by the owner and this offers the potential for 8 further student rooms when the property is vacated.

If the houses are converted to NSFAS accommodation most of the en suite rooms will accommodate 2 students and the house space currently occupied by the owner would accommodate another 14 students minimum.

Accommodation ranges from a few smaller rooms which share a bathroom , large single en suite bedrooms, bachelor flats and a full 1 bedroom flat. All have built-in cupboards and desks. Students supply their own bed and fridge. 23 Secure carports for the students cars although it it has an excellent location very close walking distance to the NWU entrances and the malls. The 2nd house has 2 large kitchens, a huge living area and a laundry for the use of the students. loadshedding isn't a problem as there are 3 large inverters, wifi, cameras and alarm for security. A very safe and secure property. All these services, electricity and weekly cleaning of the flats is included in the students monthly rental.

PROPERTY 1

OWNER'S QUARTERS

3 bedrooms

1.5 bathrooms

huge living room

large study

kitchen

2 garages

wendy house

3 rooms sharing a bathroom adjoin the main house

5 separate bachelor flats

PROPERTY 2

Main House

3 smaller rooms which share a bathroom

6 large en suite rooms

1x 1 bedroom full flat

2 kitchens

huge living room

laundry

AND 4 separate bachelor flats

Available for viewing from 16th August so contact me to secure an appointment to view.

Property details

  • Listing number T4291515
  • Property type House
  • Listing date 14 Aug 2023
  • Land size 2 508 m²
  • Rates and taxes R 940

Property features

  • Bedrooms 26
  • Bathrooms 20
  • Garage parking 2
  • Open parking 23
  • Garden
  • Family TV room

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