11 Bedroom House in Palmiet
High-Yield Investment Property Ideal for Student Accommodation
An exceptional investment opportunity offering immediate rental income and outstanding long-term returns. Situated in an area predominantly occupied by student accommodation, this versatile and well-maintained property is perfectly positioned to meet the growing demand for quality student housing.
The property has been thoughtfully converted into four separate units, each fitted with its own prepaid water and electricity meters, ensuring convenience, independence, and simplified management for both owners and tenants.
Property Features:
Three spacious 3-bedroom units, each comprising:
Comfortable lounge
Fully fitted kitchen
Bathroom
One 2-bedroom unit, featuring:
Comfortable lounge
Fully fitted kitchen o Bathroom
Parking space for up to 8 vehicles
The current owner has extensively renovated the entire property, creating a modern, low-
maintenance investment with quality finishes throughout.
Recent Upgrades:
New floor tiles throughout the property
Fresh interior and exterior paintwork
Remote-controlled access gates
Secure perimeter fencing
Move-in-ready condition with minimal maintenance requirements
This income-generating property presents an outstanding opportunity for investors looking to expand their portfolio or secure a reliable, high-yield asset. With multiple rental streams already in place and strong demand from the surrounding student accommodation market, this property offers both immediate cash flow and excellent future growth potential.
Don''t miss this rare opportunity to secure a fully renovated, multi-unit investment property with exceptional income potential in a sought-after student accommodation area.
Property details
- Listing number T5533699
- Property type House
- Listing date 26 Jun 2026
- Land size 1 238 m²
- Floor size 466 m²
- Rates and taxes R 1 300
Property features
- Bedrooms 11
- Bathrooms 4
- Lounges 4
- Pet friendly
- Security post
- Garden