12 Bedroom House in King Williams Town

Investment Property on Auction , King Williams Town

10-Unit Residential Block with 6 Secure Garages

Excellent Rental Income, Ideal for Student Accommodation

Property Overview:

A prime residential investment opportunity in the heart of King Williams Town, this fully tenanted apartment block (with one unit vacant) offers strong rental returns and excellent potential for student housing.

Investment Highlights:

Gross Monthly Rental Income: R55 000 (with 1 unit vacant)

*Potential Fully Let Income: R60 000+ / month

High demand rental area great for students and working professionals

1 vacant unit requires renovation, value-add opportunity

Unit Configuration:

2 Two-Bedroom Flats

2 Bachelor Flats (Open-plan layout)

6 One-Bedroom Flats-Each includes a lounge and dining room

Property Features:

Fully fitted kitchens in all units

Bathrooms equipped with bathtubs (no showers)

6 On-site secure lock-up garages

Securely enclosed property

Occupancy:

9 of 10 Units Currently Occupied

1 Bachelor Unit Vacant (Needs Renovation)

Steady tenant base in place

Ideal for Student Accommodation:

Strategically located in a central area with access to local amenities and transport routes, this property is perfectly suited for student housing or communal rental setups. The unit layout and existing infrastructure make it a strong candidate for long-term, stable income generation.

Auction Details:

Online Auction Date: 30 September 2025

Auction Platform: Auction Station

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For more information, viewing arrangements, or to discuss this opportunity further, get in touch today.