R1,630,000
R1,630,000
5
Bedrooms
3
Bathrooms
Anlé Pelster
±R39 000 PER MONTH RENTAL INCOME | SOLD LOCK, STOCK & BARREL
CASH-FLOWING STUDENT ACCOMMODATION INVESTMENT
Opportunities like this do not come onto the market often.
Positioned in the sought-after Paul Kruger area of Modimolle, this established student accommodation and rental property offers an investor the opportunity to acquire a fully operational income-producing asset with immediate cash flow from day one.
Currently generating approximately R39 000 per month rental income, the property is being sold lock, stock and barrel, including furniture, appliances and accommodation equipment required to continue operating the business.
A major advantage is that the property currently benefits from the NSFAS-funded student accommodation market, with approximately two years of NSFAS funding allocation still remaining, offering investors added income security and a proven tenant demand base.
Set on a generous 1,230m² stand, the property combines spacious living areas with practical accommodation facilities, making it ideal for student housing, workforce accommodation or long-term rental tenants.
PROPERTY FEATURES
5 Spacious Bedrooms
3 Bathrooms
2 En-Suite Bathrooms
Large Open-Plan Living and Dining Areas
Modern Kitchen with Ample Built-In Cabinetry
Separate Laundry Area
Extensive Built-In Cupboards
Spacious Communal Lounge
Secure and Functional Student Accommodation Setup
INCLUDED IN THE SALE
12 Beds
12 Study Tables
2 Refrigerators
Washing Machine
Microwave
Lounge Furniture
Various Accommodation Furnishings and Equipment
ADDITIONAL FEATURES
2 Covered Carports
Secure Parking
Fully Walled Property
Paved Outdoor Areas
Modern Tiled Finishes Throughout
Spacious Communal Living Areas
Large Shared Kitchen
Excellent Rental Demand Area
Sold Fully Furnished and Operational
This is a rare opportunity to acquire an established student accommodation business with an existing income stream, accommodation infrastructure already in place, furniture included, and a proven rental track record.
Whether you continue operating as NSFAS-linked student accommodation or expand the rental model further, this property offers immediate returns and long-term investment potential.
INVEST TODAY. EARN FROM DAY ONE.
CENTURY 21 DISCLAIMER
Century 21 Bushveld and its representatives provide the information contained herein in good faith. While every reasonable effort has been made to ensure accuracy, all information, measurements, sizes, descriptions, photographs and property details are subject to verification by prospective purchasers and do not constitute any representation or warranty. Buyers are encouraged to conduct their own due diligence regarding zoning, municipal services, approvals, building plans, rental income, occupancy levels, NSFAS accreditation status, funding allocations and intended use. Some photographs may have been digitally enhanced, virtually staged or edited for marketing purposes. E&OE (Errors and Omissions Excepted).
Opportunities like this do not come onto the market often.
Positioned in the sought-after Paul Kruger area of Modimolle, this established student accommodation and rental property offers an investor the opportunity to acquire a fully operational income-producing asset with immediate cash flow from day one.
Currently generating approximately R39 000 per month rental income, the property is being sold lock, stock and barrel, including furniture, appliances and accommodation equipment required to continue operating the business.
A major advantage is that the property currently benefits from the NSFAS-funded student accommodation market, with approximately two years of NSFAS funding allocation still remaining, offering investors added income security and a proven tenant demand base.
Set on a generous 1,230m² stand, the property combines spacious living areas with practical accommodation facilities, making it ideal for student housing, workforce accommodation or long-term rental tenants.
PROPERTY FEATURES
5 Spacious Bedrooms
3 Bathrooms
2 En-Suite Bathrooms
Large Open-Plan Living and Dining Areas
Modern Kitchen with Ample Built-In Cabinetry
Separate Laundry Area
Extensive Built-In Cupboards
Spacious Communal Lounge
Secure and Functional Student Accommodation Setup
INCLUDED IN THE SALE
12 Beds
12 Study Tables
2 Refrigerators
Washing Machine
Microwave
Lounge Furniture
Various Accommodation Furnishings and Equipment
ADDITIONAL FEATURES
2 Covered Carports
Secure Parking
Fully Walled Property
Paved Outdoor Areas
Modern Tiled Finishes Throughout
Spacious Communal Living Areas
Large Shared Kitchen
Excellent Rental Demand Area
Sold Fully Furnished and Operational
This is a rare opportunity to acquire an established student accommodation business with an existing income stream, accommodation infrastructure already in place, furniture included, and a proven rental track record.
Whether you continue operating as NSFAS-linked student accommodation or expand the rental model further, this property offers immediate returns and long-term investment potential.
INVEST TODAY. EARN FROM DAY ONE.
CENTURY 21 DISCLAIMER
Century 21 Bushveld and its representatives provide the information contained herein in good faith. While every reasonable effort has been made to ensure accuracy, all information, measurements, sizes, descriptions, photographs and property details are subject to verification by prospective purchasers and do not constitute any representation or warranty. Buyers are encouraged to conduct their own due diligence regarding zoning, municipal services, approvals, building plans, rental income, occupancy levels, NSFAS accreditation status, funding allocations and intended use. Some photographs may have been digitally enhanced, virtually staged or edited for marketing purposes. E&OE (Errors and Omissions Excepted).
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Disclaimer
While every effort will be made to ensure that the information contained within the Century 21 South Africa website is accurate and up to date, Century 21 South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
