Multi Income Investment Opportunity – Ideal for Student Accommodation
Prime Multi-Income Investment Near Rhodes University
This is a rare opportunity to acquire two adjoining properties that complement each other perfectly, ideal for investment buyers, extended families, or anyone seeking multi-income potential in a high demand area.
Located just around the corner from Rhodes University and the CBD, entrance on Beaufort street, this solid property is already generating strong returns and is NSFAS accredited, making it a turnkey solution for student accommodation or mixed rental use.
Main House – Student Accommodation (NSFAS Accredited)
Tailored for student living and currently housing seven students, the main house features:
5 generously sized, fully furnished bedrooms.
Beds, desks, chairs, curtains included in each room.
Functional kitchen with stove, fridge, microwave, dining table & chairs.
Separate laundry with washing machine.
2 bathrooms (one with bath, one with shower)
Original wooden flooring throughout.
1890L water tank for added efficiency.
2 Additional Rental Units (Also NSFAS Accredited)
Downstairs Bachelor Flat
Fully furnished: double bed, desk, wardrobe, bar fridge, two-plate stove.
Private bathroom with shower over bath.
Ideal for a single student or young professional.
Upstairs Studio Flat
Spacious and private with separate entrance.
Furnished with bed, desk, bar fridge, stove.
En-suite bathroom with shower.
Garden Cottage (on separate erf)
The garden cottage sits on its own independent erf, positioned side-by-side with the main house. It features a kitchen, a comfortable lounge area, two bedrooms, and a bathroom.
Currently generating rental income, this cottage presents a great opportunity for investors or those seeking additional living space with income potential.
Excellent location – easy walking distance to campus and amenities.
Features
Finance
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Disclaimer
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