6 Bedroom House in Manor Gardens

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6 3 1 1 008 m²

Prime Investment Opportunity: NSFAS Accredited Student Hub in Westridge

Location: 26 Malcolm Road, Westridge

Price: R 1550 000

Presenting a high-yield investment opportunity in the heart of Westridge. This 1,008 sqm property is a proven Ultimate Income Generator, currently producing a gross monthly income of R48,900.

Fully optimized for student housing, the property boasts a Level 3 NSFAS Grade, ensuring it meets all departmental standards for safety, quality, and student comfort.

Key Features:

Current Configuration: 7 spacious bedrooms and 3 modern shower facilities.

Flexible Usage: Ideal for continued student accommodation or conversion back to a large family residence.

Development Potential: The expansive 1,008 sqm lot provides ample dead space for the construction of additional blocks or outbuildings, significantly increasing the potential ROI.

Strategic Positioning: Situated on a quiet, sought-after road with easy access to transport routes and tertiary institutions.

This is a rare opportunity to acquire a turnkey business with a stable, high-performing tenant base already in place.

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