R 2 300 000
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13 Bedroom House in Palmiet

13 10 7 900 m² 348 m²

PRIME STUDENT INVESTMENT - MULTI UNIT RESIDENTIAL COMPLEX - REDUCED

Rawson Umhlanga offers, Well Appointed , large 3 Bed primary residence, with 3 x 2 bed flatlets and 4 single bed units,

situated in Spencer Road, Clare Estate.

This exceptional investment opportunity, particularly for student accommodation providers, currently generates approx

R25000 per month from private, lease hold tenancy. Each of the flatlets are fitted with bathsshowers and toilets

The Primary Residence offers a huge loungedining room, the 3 generously proportioned bedrooms, all fully fitted cupboards and student workstations in 2 of them, The kitchen is massive with a laundry room and a storeroom

The 2 car garage is automated , and opens onto a porchlaundry area. Open parking for a further 6 to 8 cars, within the fully fenced property

Prepaid meters in all units

This property is a high-yield investment powerhouse, specifically designed to maximize rental income in the student housing or co -living market. With a diverse mix of units, it offers a perfect balance of communal living and private quarters

Call Ravina for an Exclusive viewing

Property details

  • Listing number T5349528
  • Property type House
  • Listing date 13 Jan 2026
  • Land size 900 m²
  • Floor size 348 m²
  • Rates and taxes R 1 150

Property features

  • Bedrooms 13
  • Bathrooms 10
  • En-suite 1
  • Lounges 5
  • Dining areas 3
  • Open parking 6
  • Covered parking 1
  • Pet friendly
  • Access gate
  • Built in cupboards
  • Laundry
  • Patio
  • Walk in closet
  • Entrance hall
  • Kitchen
  • Garden
  • Intercom
  • Aircon

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