4 Bedroom Apartment in Willows

SOLE MANDATE

This well-maintained student accommodation property presents an excellent investment opportunity, ideally located just a 10-15 minute walk from the Central University of Technology CUT.

The property is CUT-accredited and offers accommodation for up to 7 students with a spacious communal kitchen and full bathroom with a shower, bathtub and toilet. It is currently occupied by 5 tenants, with the existing configuration consisting of 1 single room and 3 sharing rooms, providing immediate rental income with the potential to increase occupancy.

The property currently generates a gross rental income of R22,000 per month, with prepaid water and electricity, making utility management simple and cost-effective.

Rental roll is available upon request for qualified and serious buyers.

This is an ideal opportunity for investors looking to expand their portfolio with an income-generating student accommodation property in a high-demand rental area.

Contact us now for your viewing appointment!