PRICE REDUCED
Web Ref JRL30095
R2,750,000
Monthly Bond Repayment R27,455.44
Calculated over 20 years at 10.5% with no deposit.
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Monthly Rates
R3,100
R3,100
Student Accommodation and Gym Studio Investment Opportunity
Discover a property designed to maximize rental income and cater to dual-purpose functionality. This building offers excellent versatility, making it ideal for fitness entrepreneurs and student accommodation investors.
Features of the Property:
🔹 Front Section
Welcoming reception area and office
2 gym studios for fitness and wellness businesses
Functional kitchen, bathroom, and water closet for studio convenience
Parking space for up to 8 vehicles
Rates: R3,100
🔹 Rear Section – Student Accommodation
7 spacious rooms, perfectly suited for long-term student rentals with an average lease of 3 years
Shared amenities, including kitchen, living, and dining areas
3 bathrooms, 3 water closets, and 2 separate access gates to distinguish gym studio users from student tenants
Alternative Investment Option:
Convert the two gym studios into four extra student rooms, boosting rental income
This property is not just an investment, it's a strategic asset for investors looking to grow and diversify their portfolios.
Features of the Property:
🔹 Front Section
Welcoming reception area and office
2 gym studios for fitness and wellness businesses
Functional kitchen, bathroom, and water closet for studio convenience
Parking space for up to 8 vehicles
Rates: R3,100
🔹 Rear Section – Student Accommodation
7 spacious rooms, perfectly suited for long-term student rentals with an average lease of 3 years
Shared amenities, including kitchen, living, and dining areas
3 bathrooms, 3 water closets, and 2 separate access gates to distinguish gym studio users from student tenants
Alternative Investment Option:
Convert the two gym studios into four extra student rooms, boosting rental income
This property is not just an investment, it's a strategic asset for investors looking to grow and diversify their portfolios.
Features
Pets Allowed
No
Interior
Bathrooms
3
Kitchen
1
Reception Rooms
2
Furnished
No
Exterior
Security
Yes
Domestic Accomm.
7
Pool
No
Scenery/Views
Yes
Sizes
Land Size
991m²
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