8 Bedroom House for sale in Vanderbijlpark SE 9

This exceptional investment property is situated directly opposite the Vaal University of Technology, making it an ideal location for student accommodation. The property is a fully operational student residence with 8 fully occupied rooms, 2 bathrooms, a shared kitchen, and a comfortable living area. It is equipped with a fully installed solar panel system that powers the entire property, as well as a fully functional water tank reservoir to ensure a reliable water supply during service interruptions. The property currently generates an estimated monthly rental income of R24,500 and has the potential to qualify for NSFAS-accredited student accommodation, with an estimated rental income of up to R36,000 per month, subject to the relevant accreditation requirements. With its prime location, consistent occupancy, and excellent income potential, this is an outstanding...