- 13
- 6
- 465 m2
- 1 784.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
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Mun. Rates & Taxes: ZAR 1200.00
Property description
Exceptional Off-Campus Student Accommodation Opportunity in Prime Randburg Location
This substantial corner property in Fontainebleau, Randburg spans 1,784 sqm and represents a proven income-generating investment opportunity. The property is specifically configured for private off-campus student accommodation and currently generates approximately R70,000 monthly rental income. The entire property is meticulously maintained in excellent structural condition with no internal or external cracks, leaks, mould, or dampness.
The main house features seven furnished tenanted bedrooms, each equipped with double beds, built-in wardrobes, desks, and individual furnishings. Five communal kitchens, dining rooms, and lounges provide shared living spaces, with one lounge featuring a fireplace and installed flatscreen television. Two bathrooms with baths and showers serve the main residence, alongside two lockable storage rooms. A study area and guest toilet enhance functionality for residents.
Four spacious one-bedroom cottages offer independent living arrangements, each with separate entrances, tiled floors, built-in wardrobes, kitchens, lounges, dining areas, and bathrooms. Individual prepaid electricity meters provide tenant autonomy. The property includes a large sparkling swimming pool with all equipment, a poolside garden pub featuring a bar counter, pool table, and entertainment facilities, plus two thatched lapas for outdoor entertaining. Eleven secure undercover parking bays and high-voltage electrified boundary fencing connected to 24/7 ADT monitoring ensure comprehensive security. Super-fast 100 Mbps fibre internet is installed throughout, with coin-operated laundry facilities available to tenants.
Key Features
13 bedrooms and 6 bathrooms across main house and cottages
Five kitchens, dining rooms, and lounges for communal use
Swimming pool with full equipment and poolside entertainment pub
Eleven secure undercover parking bays
100 Mbps fiber internet connectivity
Proven monthly income of approximately R78,000
24/7 ADT security monitoring and electrified fencing
Fully furnished and operational student accommodation
This property offers a secure, fully-equipped investment opportunity with established tenant income and comprehensive amenities. Contact us today to arrange a viewing and explore the potential of this exceptional student accommodation property.
Property Details
- 13 Bedrooms
- 6 Bathrooms
- 1 Ensuite
- 5 Lounges
- 5 Dining Area
Property Features
- Study
- Patio
- Pool
- Laundry
- Furnished
- Wheelchair Friendly
- Pets Allowed
- Access Gate
- Kitchen
- Lapa
- Built In Braai
- Fire Place
- Garden Cottage
- Pantry
- Guest Toilet
- Entrance Hall
- Paving
- Garden
- Intercom
- Family TV Room
| Bedrooms | 13 |
| Bathrooms | 6 |
| Floor Area | 465 m2 |
| Erf Size | 1 784.0 m2 |
Contact the Agent
Ericah Mtshali
Full Status Property Practitioner