Student Accommodation Investment Opportunity – Hatfield
EXCLUSIVE MANDATE
This well-positioned student accommodation property in the heart of Hatfield presents an excellent investment opportunity, particularly for investors looking for an established property with strong rental demand and existing income. The property currently accommodates 10 students and generates approximately R39,600 per month, with electricity on a prepaid system, making it easier to manage utility costs.
The property offers a practical layout with a main house and two separate cottages. The two cottages each accommodate two students and include a large bedroom, providing comfortable additional accommodation. There is also a separate laundry room that offers the potential to be converted into an additional room, subject to the necessary approvals.
The main house has five bedrooms, a spacious shared kitchen and two bathrooms, providing separate facilities for male and female students. The communal layout makes the property well suited to student living while still giving residents their own private sleeping spaces.
Property Features:
* 10 student beds
* Current rental income of approximately R39,600 per month
* Main house with 5 bedrooms
* 2 bathrooms – ladies and gents
* Spacious shared kitchen
* Two separate cottages
* Each cottage accommodates 2 students
* Large one-bedroom cottages
* Separate laundry room with potential to convert into an additional room
* Prepaid electricity
* Established student accommodation
* Excellent investment and income-generating opportunity
Excellent Hatfield Location
Location is one of the property's biggest advantages. It is situated close to the University of Pretoria's Hatfield Campus, making it convenient for students who want to walk or use public transport to get to campus. The Hatfield Gautrain Station is also within walking distance of the university precinct, providing easy access to Pretoria and Johannesburg. University of Pretoria
Students have easy access to Hatfield Plaza Shopping Centre, which offers supermarkets, pharmacies, banks, restaurants, takeaways, shops and other everyday services. The area also has Hillcrest Boulevard Shopping Centre and a wide variety of restaurants, cafés and entertainment venues.
Other nearby amenities include:
* University of Pretoria
* University of Pretoria Hillcrest Campus
* Hatfield Train Station
* Gautrain Hatfield Station
* Hillcrest Boulevard
* Hatfield Plaza
* Loftus Park and Loftus Retail Park
* Restaurants, cafés and takeaways
* Medical centres and pharmacies
* Banks and ATMs
* Gyms and fitness facilities
* Public transport and taxi routes
Hatfield is well known as a student-focused area, with shopping, restaurants, public transport and university facilities all within easy reach. Hatfield Plaza
This is a great opportunity to secure an established student accommodation property in one of Pretoria's most sought-after student areas, with existing income and further potential to increase the rental income by optimising the available space.
Please contact an agent for private viewing.