Investment Gem: High-Density Student Housing Potential in Ext 5

Investment Gem: High-Density Student Housing Potential in Ext 5

Investment Gem: High-Density Student Housing Potential in Ext 5

  • 4 beds
  • 1 bath
  • 220 m²
R1,450,000
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Basics

  • Bedrooms: 4
  • Bathrooms: 1
  • Area, m²: 220 m²
  • Lot size, m²: 991 m²
  • Location: Heidelberg Central

Parking

  • Parking: 1

Description

  • Description:

    Exclusively marketed by Dirk at Howell Properties

    Key Details:

    • Property Size: Approx. 220 m²
    • Erf Size: 991 m²
    • Main House: 3 Bedrooms | 1 Bathroom | Lounge | Dining Room | Sunroom
    • Flatlet: 1 Bedroom | Lounge | Bathroom (Kitchenette needs fitting)
    • Bonus Room: Multi-purpose space (Study / Store / Room expansion)

    Property Description

    Unlock Massive Rental Yields Near Sedibeng College!

    Strategically situated in Extension 5 and located directly within the high-density zone earmarked for student residential expansion by the Lesedi Local Municipality, this property presents an unbeatable opportunity for savvy investors or developer-minded buyers.

    Main Residence:

    • Living Spaces: A welcoming sunroom leads into a spacious open-plan lounge and formal dining room, complete with a cozy anthracite fireplace for cold winter months.
    • Kitchen: Functional and practical, equipped with a freestanding stove/oven combination and dedicated plumbing/space for a washing machine.
    • Bedrooms & Bathroom: Three well-proportioned bedrooms served by a central bathroom featuring a bath, basin, and toilet.

    Flatlet & Flatlet Conversion:

    • Converted Flat: The original garage has been neatly converted into a self-contained one-bedroom flatlet featuring its own lounge area and private bathroom. The space is plumbed and ready for a custom kitchenette to be fitted, instantly creating an extra income stream.
    • Versatile Extra Room: An additional room attached to the structure offers flexibility as a home study, secure storage room, or an ideal base for expanding into extra student quarters or en-suite bathrooms.

    Outdoors & Land: Set on a generous 991 m² stand, the sprawling yard provides ample footprint for further extensions, additional flatlets, or secure off-street parking for multiple tenants.

    Whether you retain the classic layout for immediate long-term tenancy or reconfigure the main home and outbuildings into a multi-room student commune, the municipal zoning and location guarantee strong long-term demand.

     

    Contact Dirk to arrange your exclusive viewing.

     

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This style property is located in is currently and has been listed on Howell Properties. This property is listed at R1,450,000. It has 4 beds bedrooms, 1 bath bathrooms, and is 220 m².

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