House for sale
Versatile Investment Property with Main Residence and Student Accommodation
Property features 3 bedrooms, 3 bathrooms, 20 open parking spaces, and 4 covered parking on a 5500 m² lot.
This property consists of two sections: a main house and a student accommodation facility. It is located within walking distance of schools and the town centre, and is situated inside a secure complex.
Main House Includes:
Two living areas
Study
Three bedrooms, each with an en-suite bathroom and built-in cupboards
Kitchen with separate scullery
Separate laundry
Tiled floors throughout
Carport with space for up to four vehicles in tandem
Remote-controlled gate and palisade fencing around the house
Single-phase prepaid electricity and municipal prepaid water
Student Accommodation Features:
18 bedrooms, each designed for 4 students
Each room has built-in cupboards, a study area, and a private bathroom (shower, toilet, and basin)
Communal entertainment area
Shared dining/lounge area
Student kitchenette
Office space currently used as a tuckshop
Laundry room
Staff room with shared bathroom
CCTV surveillance throughout
10 geysers (servicing two rooms per geyser)
Two 10,000L water tanks
Outdoor space for student use
Capacity: 72 students; current occupancy approximately 50%
Monthly rent: R3,200 per student on a 12-month lease
Accommodation established 2.5 years ago; primarily serves students from nearby academies
This property offers the opportunity to combine residential living with rental income from student housing.
To arrange a viewing, please get in touch.
Additional features
Ownership costs
Property history
Listed for sale at R6,000,000
Smart property insights
How does this home’s price compare with similar properties?
Insight
Priced 344% above the local median - and above the typical range in Ladybrand Central.
Compared with 15 3-bed active listings in Ladybrand Central.
Buyers should compare condition, position, views, finishes and floor size before deciding.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
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