Property Description

High-Yield Student Accommodation Investment in Waterkloof Glen

Positioned in the highly desirable suburb of Waterkloof Glen, this well-established income-generating property presents an outstanding opportunity for investors seeking strong rental returns in one of Pretoria East’s most in-demand student nodes.

Currently operating as student accommodation for over a decade, the property is fully occupied and generates +/-R32 000 per month.

The property features a total of 9 bedrooms and 5 bathrooms, with a versatile layout that includes:

3 bachelor units, each with private bathrooms

4 bedrooms sharing a communal bathroom, kitchen, and lounge with a fireplace

1 main bedroom with an en-suite bathroom

1 additional outside room

Set on a generous sized stand, the home boasts an established garden with mature trees, and inviting outdoor spaces. Communal amenities include a lapa and covered patio, ideal for student living. A swimming pool is also present and can either be restored or repurposed to create additional usable space.

Key Highlights:

Proven student accommodation setup with consistent demand

Monthly rental income of ±R32 000

Spacious stand with established garden.

Lapa and covered patio for shared use

Swimming pool with refurbishment or redevelopment potential

This property offers flexibility for various buyer profiles:

Investors looking for immediate cash flow and high rental yields

Developers interested in future expansion or redevelopment

Buyers seeking to convert the property into a spacious family residence

Ideally located near major routes (N1 and R21), educational institutions such as Inscape College, and key amenities including Menlyn Maine, the property benefits from sustained rental demand.

Additional Information:

Current tenants are in place and require two months’ notice.

Do NOT hesitate, call NOW!