This investor''s dream property offers an exceptional opportunity in the accommodation sector. Boasting 31 well-maintained rooms, including communal facilities such as two kitchens and four bathrooms (with two still undergoing improvements), it caters to the needs of both short-term guests and longer-term residents. The property''s amenities, including a TV room, study area, and outdoor facilities like a swimming pool with a barbecue area, enhance its appeal and ensure a comfortable stay for occupants.
Situated within walking distance of the Vaal University of Technology (VUT) and accredited for NSFAS students, this property is strategically positioned to attract a steady stream of tenants, ensuring a reliable income stream. With an estimated monthly income ranging between R108,000 and R120,000, this investment promises substantial returns while providing essential services to students and visitors alike. Its combination of practical amenities, prime location, and income potential make it an enticing opportunity for investors seeking a stable and lucrative venture in the hospitality sector.
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