About This Property
This exceptional 23-bedroom student residence represents a premier investment opportunity in the heart of the Bedworth Park student precinct. Strategically positioned within walking distance of the Vaal University of Technology (VUT) and a short commute to the North-West University (NWU) Vaal Campus, this property is perfectly located to capture the constant demand for quality off-campus housing. The property is situated on an expansive 1983 sqm stand, providing both impressive current scale and significant future development potential for the visionary investor. The infrastructure is specifically designed for high-density living and operational efficiency, featuring 23 well-proportioned rooms supported by two communal kitchens and three bathrooms. To ensure maximum profitability and modern appeal, the residence is fully equipped with high-speed fiber internet, a top priority for securing the modern student tenant. What truly sets this asset apart for the savvy investor is its sophisticated focus on sustainability and utility cost management. The property boasts three solar geysers and a dedicated borehole system connected to two large Jojo tanks. These features significantly insulate the owner from rising municipal water and electricity costs, protecting the bottom line and ensuring a reliable supply for tenants regardless of local service interruptions. The location is unparalleled for convenience, as students are just minutes away from the Bedworth Centre, providing easy access to major retailers, pharmacies, and popular social hubs. This proximity to essential amenities ensures high tenant retention and consistent year-on-year occupancy rates. This is a turnkey solution for investors seeking a robust, income-generating asset in one of the most proven, education-centric markets in the region.
Features
Floor Size
425 m²
Property Type
Home
Listing Purpose
Sale
Levy
1 Estimated Price
Municipal Rates
2000 Estimated Price
Pet Friendly
Yes
Occupation
On Transfer
Property Tags
Rooms
Bedrooms
23
Bathrooms
3
Kitchen
2
Lounges
1
Domestic Rooms
1
Study Rooms
1
Amenities
Flatlet
Yes
Bedroom
Bedroom 1
Kitchen
Kitchen 1
FamilyTVRoom
FamilyTVRoom 1
Bathroom
Bathroom 1
Bathroom 2
Bathroom 3
Amenities
- Entrance Hall
- Dining Room
- Flatlet
- Laundry
- Scullery
- Staff
- Garden
- Solar Panels
- Solar Geyser
- Backup Battery or Inverter
- TV
- Fibre
- DSTV
- Burglar Bars
- Security Gates
- Cell to Gate Access
- Secure Parking
- Covered Parkings
