R 4 380 000
| 16 Bedroom House for Sale in Summerstrand
16
7
8
Student Accommodation in Summerstrand
Bedrooms: 16
Bathrooms: 7
Parking Spaces: 8
Nestled in a prime location near Nelson Mandela University, this well-appointed student accommodation property offers 16 bedrooms and 7 bathrooms. With two fitted kitchens and two spacious lounges, it provides a comfortable and conducive living environment for students throughout their academic journey. Each room also is equipped with its own panic button.
The property is conveniently situated near essential amenities, including a shuttle service, Spar, and various other facilities, ensuring easy access to daily necessities.
During December and January, the property transitions into an Air BNB rental, maximizing its income potential.
Minami House:
• 10 individual rooms
• Total Monthly Rental Income: R39 750.00
Kita House:
• 4 single rooms
• 2 shared rooms
• Total Monthly Rental Income: R30,000
Total Combined Monthly Income: R69 750
Distance to Amenities:
• 800 m from Spar
• 1.5 km from University Main Gate
This property represents a fantastic investment opportunity, offering stable, year-round rental returns and great versatility.
Fully let until end November 2025
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Contact AgentWeb Ref 115642098
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