Prime Student Accommodation Investment NSFAS Accredited
Perfectly positioned just 700 metres from University of KwaZulu-Natal UKZN, this well-maintained and income-generating property presents an outstanding investment opportunity.
Currently fully occupied with both private and NSFAS registered students, this property operates as successful student accommodation, the property generates approximately R40,000 per month in rental income and presently accommodates 12 tenants comfortably with room for more, ensuring consistent demand due to its prime location.
Property Features:
Main House:
-6 fully furnished bedrooms beds, desks, and built-in cupboards
-3 shared bathrooms
-Spacious communal kitchen
-Comfortable lounge and dining area
Basement Units Self-Contained:
-Unit 1: 1-bedroom with private kitchen and bathroom
-Unit 2: 2-bedrooms with private kitchen and bathroom
Additional Features:
-Freshly painted inside and out
-Inviting common pool area
-Secure tandem parking behind locked gates
-Convenient access to shops, public transport, and essential amenities
This split-level property is designed for practical student living, offering both communal and private spaces to suit different tenant needs. Its proximity to UKZN ensures ongoing rental demand, making it a solid addition to any investment portfolio.
A rare opportunity to secure a high-yield property in a sought-after student hub.
Contact us today to arrange your private viewing.
CHRIS AND LISA PEARSON PROPERTIES PTY LTD trading as REMAX Address Berea operates in terms of a franchise agreement with REMAX of Southern Africa.