House for sale at 102 Allcock Street
Student-focused investment in Colbyn offering communal, convenience-focused living within walking distance of the Gautrain and shops, with a shared garden and ample covered parking; 11 beds, 9 baths.
* Exclusive Mandate*
PRIME INCOME-GENERATING COMMUNE / BUSINESS OPORTUNITY..... PRICED TO GO!!!
An exceptional investment opportunity in the heart of Colbyn, this well-established and successfully operating student commune offers strong, consistent returns and outstanding growth potential.
This expansive property comprises 11 bedrooms and 9 bathrooms across three separate buildings, thoughtfully designed to provide both privacy and community living.
MAIN HOUSE....
-Accommodates 5 occupants
-Spacious shared living areas
-Self-catering kitchen facilities
TWO ADDITIONAL SEPARATE BUILDINGS...
-Each accommodates 3 occupants
-Independent living spaces
-Fully equipped for self-catering
Of the 11 bedrooms, only 3 bedrooms share 2 bathrooms, while all remaining rooms are en-suite, offering enhanced comfort and privacy for residents.
Each of the three living sections functions independently with its own living space, making it ideal for segmented rental management. At the same time, residents enjoy access to the main house living areas and the garden, creating a welcoming communal atmosphere.
ACCESSIBILITY & PARKING...
-Ample covered parking for all residents!
-Two separate gated entrances, allowing seamless vehicle access and enhanced security
-Ideal for student or professional tenants with vehicles
LOCATION ADVANTAGE...
Situated within walking distance of multiple transport options, including the Gautrain, the property offers unmatched convenience. Current student residents benefit from direct and efficient access to university campuses and surrounding amenities.
Shops, essential services, and daily conveniences are all located within close proximity, enhancing the property’s rental appeal.
INVESTMENT POTENTIAL...
-Currently operating at 80% occupancy, trending toward its consistent 100% occupancy rate
-Long-standing history as a successful student commune
-Strong, reliable income stream
-Potential to obtain business rights zoning, subject to necessary approvals, further expanding commercial possibilities
Whether you are looking to expand your property portfolio, establish a boutique student residence, operate a guesthouse, or secure a high-demand rental investment, this property offers flexibility, proven performance, and exceptional location value.
Listed for sale at R5,300,000
Price reduced by 7.5% to R4,900,000
Price reduced by 1.0% to R4,850,000
Wide price range across Pretoria
Prices vary widely across Pretoria, so a like-for-like comparison isn't reliable for this home.
Within the typical range for Pretoria (R2.6M–R5.5M).
Price comparison based on 107 similar-sized 5+ bed homes.
Market depth
107 similar homes
116 listings across Pretoria
112 days
Median time on market
Many similar homes
Active across Pretoria
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Colbyn is a tranquil, established residential suburb in Pretoria known for its leafy streets, central location, and proximity to major arterial routes and nature reserves.
