Versatile Investment Property with Main Residence and Student Accommodation

This property consists of two sections: a main house and a student accommodation facility. It is located within walking distance of schools and the town centre, and is situated inside a secure complex.

Main House Includes:
Two living areas
Study
Three bedrooms, each with an en-suite bathroom and built-in cupboards
Kitchen with separate scullery
Separate laundry
Tiled floors throughout
Carport with space for up to four vehicles in tandem
Remote-controlled gate and palisade fencing around the house
Single-phase prepaid electricity and municipal prepaid water

Student Accommodation Features:
18 bedrooms, each designed for 4 students
Each room has built-in cupboards, a study area, and a private bathroom (shower, toilet, and basin)
Communal entertainment area
Shared dining/lounge area
Student kitchenette
Office space currently used as a tuckshop
Laundry room
Staff room with shared bathroom
CCTV surveillance throughout
10 geysers (servicing two rooms per geyser)
Two 10,000L water tanks
Outdoor space for student use

Capacity: 72 students; current occupancy approximately 50%

Monthly rent: R3,200 per student on a 12-month lease

Accommodation established 2.5 years ago; primarily serves students from nearby academies

This property offers the opportunity to combine residential living with rental income from student housing.

To arrange a viewing, please get in touch.

# Office / Study: 1
Rates And Taxes: 700
Has Garden
Property Reference #: 2393959

Agent Details:
Erica Moir
@ Home Property Group SA (PTY) LTD
06 Norton street
Fichardtpark
Bloemfontein
9301