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R2,495,000

R2,495,000

9 Bedroom Freehold For Sale in Sunnyside
9
Bedrooms
5
Bathrooms
Sole Mandate
11 Gowie
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Multi Income Investment Opportunity – Ideal for Student Accommodation

Web Ref. RL965664
Land size 874.00 m²
Floor size 349.00 m²
Monthly Bond Repayment
R25,753.10
Two Adjacent Properties | Sold Together or Separately

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.
Monthly Rates R2,531.08

Features

Interior
9 Bedrooms
5 Bathrooms
3 Kitchens
3 Lounges
1 Dining Room
Exterior
4 Parkings (Secure Parking)
2 Flatlets
Pet Friendly
Scenery / Views
Sizes
Land Size 874 m²
Floor Size 349 m²
Additional Amenities
Electric Gate
Flatlet
Wooden Floors
24 Hour Access
Water Tank
Listing Info
Date Listed 22-04-25
Time Listed 19:57