R 3 895 000 | 21.0 bed property for sale in musgrave

Exceptional Student Accommodation Investment Opportunity – 21 Beds - Near DUT & STADIO An outstanding investment opportunity awaits with this well-positioned student accommodation property offering rooms for 21 beds and a variety of room configurations to cater to different student needs. Currently operating as a student residence, this property presents excellent income-generating potential with scope to further enhance its value. Conveniently located within close proximity to DUT and STADIO, the property is ideally situated to attract a consistent demand for student accommodation. The accommodation comprises: 2 single bedrooms with en-suite bathrooms. 2 double-sharing rooms with en-suite bathrooms. Several twin-sharing rooms with shared bathroom facilities, including various combinations of showers, toilets and basins. 2 communal kitchens serving the residents. Multiple bathrooms and toilet facilities throughout the property. The interiors feature a combination of wooden and tiled flooring, offering durability and character. The property also includes a swimming pool, which is currently empty and requires restoration. While the property would benefit from some refurbishment and modernisation, it offers tremendous potential for investors looking to expand or establish a student accommodation portfolio. With its sought-after location, generous accommodation capacity and strong rental demand in the area, this is a rare opportunity to secure a high-yield investment.