Commercial property to Rent in Lakeview

Provisionally accredited for NSFAS in 2025, this fully developed and purpose-built student accommodation presents an exceptional investment opportunity with the potential to generate approximately R150,000. Designed for functionality and comfort, the property offers accommodation for up to 40 students, with scope for further expansion.

The layout includes two main blocks: Block One features 7 private student units along with a staff kitchen and office, while Block Two offers 21 private units, a catering kitchen with a walk-in cold room, and generous communal facilities such as a 60-seater study hall, an 80-seater upstairs lounge, enclosed balcony, braai area, and two administrative offices with kitchenette and bathrooms. Additional accommodation is provided by two converted homes – one with three bedrooms suitable for shared housing and another with three en-suite bedrooms – bringing the total capacity to 40 students, with further potential to expand through shared setups and a convertible workshop.

Communal and recreational facilities include a swimming pool, lapa with kitchenette and lounge, picnic area, laundry with industrial equipment, and versatile indoor halls suitable for study, dining, or entertainment. The property is supported by excellent infrastructure, including a borehole with filtration system producing bottled water, three JoJo tanks with pressure pumps, a 40KVA generator, and septic tank system.

Security is ensured with a full perimeter wall, devil’s fork fencing, and three motorized access gates, while its quiet cul-de-sac location minimizes traffic and noise. Situated just 3km from the Motheo TVET Agriculture Campus, this property is ideally positioned for student housing. With its established infrastructure, reliable utilities, and lifestyle amenities, it is perfectly suited for a private student housing operator seeking strong income potential and long-term value.