Discover a property designed to maximize rental income and cater to dual-purpose functionality. This building offers excellent versatility, making it ideal for fitness entrepreneurs and student accommodation investors. Features of the Property: ?? Front Section Welcoming reception area and office 2 gym studios for fitness and wellness businesses Functional kitchen, bathroom, and water closet for studio convenience Parking space for up to 8 vehicles Rates: R3,100 ?? Rear Section – Student Accommodation 7 spacious rooms, perfectly suited for long-term student rentals with an average lease of 3 years Shared amenities, including kitchen, living, and dining areas 3 bathrooms, 3 water closets, and 2 separate access gates to distinguish gym studio users from student tenants Alternative Investment Option: Convert the two gym studios into four extra student rooms, boosting rental income This property is not just an investment, it's a strategic asset for investors looking to grow and diversify their portfolios.
Purchase Price R 2 950 000
Type of PropertyHouse
Monthly Rates3100
Land Size991 m2
Last Updated02 May 2025
Kitchen1
Bathrooms3
Lounges1
Dining Room1
SecurityYes
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