R650,000
$35,019
£27,112
€32,445

5 bedroom house for sale in Mabopane Central

1 Student Drive
5 Beds
3 Baths
750m²
Pets Allowed
Lucrative Investment Opportunity: Student Accommodation With Business Potential

Unlock the earning potential of this fully approved student accommodation designed for 9 beds. The property comes fully furnished with nine beds, study desks, chairs, and lockable wardrobes, ensuring a hassle-free investment. A functional security system with barbed wire protection provides peace of mind, while the carport accommodates up to four vehicles.

With the flexibility to rent privately or expand, the spacious yard offers room to add more units and increase income. The communal kitchen is equipped with a microwave and ironing boards, and a self-sustaining caretaker’s unit provides additional rental potential or management convenience.

Located on tribal land with no rates or taxes, you’ll only pay an annual levy to the tribal council, which also supplies water. Please note that bank financing is unavailable, making this a cash-buyer-only opportunity.

Property Type
House
Bedrooms
5
Bathrooms
3
Stand Size
750m²
Covered Parking
6
Rates & Taxes
R1
Levy
R200
Pets Allowed
Yes
Security System
Yes
Student Accomodation
Yes
Barbed Wire
Yes
Nsfas Approved
Yes
Security
Yes
Covered Parking
Yes
Reference
LH-182706
Address
1 Student Drive
Estimated monthly costs
Understand your true monthly costs by factoring in your loan repayments, utilities, rates & taxes and levies where applicable and supplied by the agent.
R6,910
Home loan repayment
R6,709
Rates and taxes
R1
Levy
R200
Utilities
Enter your estimated monthly utility costs for a property like electricity & water, this will be added to your total estimated monthly costs. This is saved and displayed on other listings you browse.
R0
Property history
Listed for sale at R650,000
27 Jan 2025
By clicking on "contact" you agree to our privacy policy
Contact Agent
MP home loans expert Michael-Anne
Get expert home loan assistance with Michael-Anne
Ask me a question
What will my building insurance cost?
Get an instant building insurance quote for this 5 bedroom property in Mabopane Central
Get my price
Cover powered by
Authorised FSP
What will my move cost?
Calculate your moving costs to Mabopane Central with the help of our moving partners.
Get quotes
Moving powered by
Property questions?
Get quick answers about buying, selling, renting, and more from our AI powered real estate bot
Residential
House
Townhouse
Apartment, Penthouse
Retirement Village
Vacant Land
Agricultural
Farm
Small Holding
Vacant Land
Commercial
Office, Retail, Mixed Use
Industrial
Vacant Land
Hospitality