POA | building property for sale in colbyn

Live and Online Multi Property Auction - 1 October 2026 @ 12:00 Midday Live Venue: 26 Melville Road, Illovo, Gordon Institute of Business Science (GIBS) An established income-producing student accommodation opportunity strategically positioned in Colbyn, one of Pretoria's sought-after residential areas for student living. This well-located asset offers investors the opportunity to acquire an operational accommodation property within close proximity to the University of Pretoria, Hatfield Gautrain Station and major transport routes, placing it firmly within an established student rental node. The property provides multiple rental streams from a single asset. With an established student tenant market, strong accessibility, ample secure parking and proximity to key educational and lifestyle amenities, the property offers immediate income-generating potential with scope to further optimise occupancy and returns. Property Features: Land size: /- 1119sqm Improvements: /- 508sqm Gross Annual Income: R640 000 11 Bedrooms 9 Bathrooms 3 Separate Accommodation Sections: Main house: 5 occupants 2 Additional units: 3 occupants each Majority of bedrooms are en-suite 3 Bedrooms share 2 bathrooms Multiple living and communal areas Communal braai area and patio 11 Covered parking bays Additional open parking Established student accommodation operation Current occupancy of approximately 80% Proven potential to achieve 100% occupancy Potential for business-rights zoning, subject to municipal approval Approximately 3 km from the University of Pretoria Approximately 2.8 km from Hatfield Gautrain Station Approximately 1.5 km from the N1 highway