INVESTMENT OPPORTUNITY – | Established Rental Income | Over 33 Rooms | Fully Tenanted

An exceptional investment opportunity offering 34 rental rooms spread across 4 separate buildings, situated on 4 notarially tied stands with a combined land size of 1,980m² (495m² each) and approximately 1,800m² of total built-up area. (AI-generated photographs have been used.)

Generating approximately R54,000 in monthly rental income, this established income-producing property presents an attractive opportunity for investors looking for immediate rental returns and potential to further enhance its performance. The property is fully occupied on a sub-letting basis and conveniently positioned near public transport routes and shopping amenities, making it an appealing accommodation option for tenants.

The property's layout and configuration offer flexibility for various investment strategies, including conventional room rentals, student accommodation, staff housing or a potential value-enhancement redevelopment project.

This is an established, functioning rental investment with existing tenants and income already in place. Rather than starting from scratch, the new owner has the opportunity to acquire an operational property and explore ways to maximise its earning potential.

Financial Overview:

- Monthly Gross Rental Income: Approximately R54,200 (34 rooms).
- Municipal Rates: Approximately R4,000 per month (excluding water and electricity).
- Electricity: Individual prepaid meters installed in all rooms, with the landlord responsible for common-area consumption.
- Municipal Accounts: Reported to be paid up to date.

Key Features:

- 4 Notarially Tied Stands – Combined land area of 1,900m².
- 34 Rental Rooms across 4 Separate Buildings.
- Established Monthly Gross Rental Income of approximately R54,200.
- Individual Prepaid Electricity Meters – helping manage utility consumption and reduce the landlord's exposure.
- Manageable Holding Costs – Municipal rates of approximately R4,000 per month (excluding water and electricity).
- Municipal Accounts Reported to Be Up to Date.
- Conveniently Located Near Public Transport and Shopping Facilities.
- Secure Perimeter – Fully Walled Property with Controlled Gated Access.
- Concrete-Paved Courtyards and Walkways Connecting the Buildings.

Versatile Investment Potential:
Established Rental Income | Student Accommodation | Staff Housing | Value-Enhancement or Redevelopment Opportunity