Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.
R 3 795 000

16 Bedroom House for Sale in Summerstrand

  • Bedrooms 16
  • Bathrooms 7
  • Erf Size 985 m²
    • m²: 985 m²
    • Hectares: 0.099 ha
    • Acres: 0.243 acres
A Smart Investment Opportunity You Don’t Want to Miss!

Presenting a fully operational, 15-bedroom student residence — accredited and operating at full capacity. This high-yield property offers a turnkey investment with immediate income.

The property is thoughtfully divided into four self-contained sections:

• Two sections each feature 5 bedrooms, 2 bathrooms, a communal lounge, and a shared kitchen.

• One section includes 2 bedrooms, a lounge, kitchen, and bathroom.

• One section offers 3 bedrooms, a bathroom, and a kitchen.

• Additionally, a separate flatlet is available for the on-site manager, ensuring smooth day-to-day operations.

Strategically located near local amenities and the university.

Added features include a borehole with filtered water — a valuable asset for sustainability and cost-saving.

Consent is in place, and the property is fully compliant and accredited.

Don’t miss...

Presenting a fully operational, 15-bedroom student residence — accredited and operating at full capacity. This high-yield property offers a turnkey investment with immediate income.

The property is thoughtfully divided into four self-contained sections:

• Two sections each feature 5 bedrooms, 2 bathrooms, a communal lounge, and a shared kitchen.

• One section includes 2 bedrooms, a lounge, kitchen, and bathroom.

• One section offers 3 bedrooms, a bathroom, and a kitchen.

• Additionally, a separate flatlet is available for the on-site manager, ensuring smooth day-to-day operations.

Strategically located near local amenities and the university.

Added features include a borehole with filtered water — a valuable asset for sustainability and cost-saving.

Consent is in place, and the property is fully compliant and accredited.

Don’t miss out on this exceptional income-generating asset!

Financials available upon request.

Disclaimer: Whilst every endeavour has been made to ensure the accuracy herein, no liability will be accepted for any errors or omissions.

Bedrooms Bedrooms: 16
Bathrooms Bathrooms: 7
Listing number: P24-115858565, Image number: 1
Listing number: P24-115858565, Image number: 2
Listing number: P24-115858565, Image number: 3
Listing number: P24-115858565, Image number: 4
Listing number: P24-115858565, Image number: 5
Listing number: P24-115858565, Image number: 6
Listing number: P24-115858565, Image number: 7
Listing number: P24-115858565, Image number: 8
Listing number: P24-115858565, Image number: 9
Property Overview
Listing Number
115858565
Type of Property
House
Listing Date
12 April 2025
Erf Size
985 m²
Rates and Taxes
R 5 560
Bedrooms
16
Bathrooms
7
Kitchens
5
Loading Loading

Bond Calculator

R
R
%
years
Monthly Repayment:
Total Once-off Costs:
Min Gross Monthly Income:
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.

Video

Loading Loading

Contact Agent

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with Property24’s
Terms & Conditions and Privacy Policy.

Contact Agent

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with
Property24's Terms & Conditions and Privacy Policy.

Share

PrintPrint
Brochure
Loading