R 5 200 000 | 40.0 bed property for sale in musgrave

Exceptional Income-Generating Student Accommodation Situated on the highly sought-after Botanic Gardens Road, this well-established private student accommodation presents an outstanding investment opportunity with full occupancy and an existing student lease in place. Designed to comfortably accommodate up to 40 students, this property offers investors immediate rental income and excellent long-term growth potential. Property Features: • Accommodation for 40 students-Currently only have occupancy of 28 students • Fully occupied with existing student leases • Sold fully furnished • Additional outside accommodation units built to maximise rental income • Separate rear entrance providing convenient access • 1 dedicated study room • 2 fully equipped kitchens • Multiple showers and toilets designed for student living • Well-maintained and purpose-built for student accommodation Investment Highlights: • Immediate rental income from an established student accommodation business • Full occupancy with strong demand • Prime location close to educational institutions and public transport • Excellent opportunity for investors seeking a high-yield property Within walking distance to DUT Don’t miss this rare opportunity to acquire a fully operational student accommodation property in a sought-after location.