Invest Where Demand Never Sleeps
This exceptional property offers a lucrative and dependable investment opportunity within the thriving student accommodation sector. Situated just 500m from Walter Sisulu Universitys Queenstown Campus, it currently houses 82 students and delivers a consistent monthly income. The property also benefits from an annually renewable Memorandum of Agreement MOA with the university, securing ongoing demand and long-term occupancy.
Key Property Advantages
Student Accommodation:
The residence features 41 spacious rooms, each designed for comfort and practicality. Every room is fitted with built-in cupboards as well as its own kitchenette.
Kitchen Setup:
To ensure reliable cooking facilities at all times, each kitchenette includes BIC, a backup gas stove, and a gas cylinder.
Bathrooms:
Neat and modern bathroom facilities are equipped with a shower, basin, and toilet.
On-Site Amenities:
The property is fully equipped to support student living, offering:
Laundry area
Dedicated study room
Secure parking
Generator and two water tanks for uninterrupted utilities
Wi-Fi and Digital Satellite Television for connectivity and entertainment
Security Measures:
Safety is prioritised with:
A secure, gated entrance
High perimeter walls and palisade fencing
CCTV cameras
An on-site security guard stationed at the entrance desk
Building Layout:
The double-storey design enhances space efficiency and offers a well-organized living environment.
DENMOL ESTATES AGENTS CC trading as REMAX Property Professionals Queenstown operates in terms of a franchise agreement with REMAX of Southern Africa.