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Quay 1 International Realty

House · For SaleRef RL1040

Exceptional Investment Opportunity – 21-Room Student Accommodation with Guesthouse/Airbnb Potential

R 15 690 000

Rosendal, Bellville

Key facts

Type
House
Bedrooms
21
Bathrooms
12
Carports
3
Land size
508 m²
This well-maintained 21-room accommodation property presents a rare opportunity for investors seeking immediate rental income with substantial future upside. Currently operating as a student accommodation facility, the property offers 21 spacious rooms, including 6 en-suite rooms and 15 rooms serviced by 6 shared bathrooms. The layout has been thoughtfully designed to maximize occupancy while providing comfortable communal living spaces. A standout feature is that 7 of the rooms enjoy their own private external entrances, creating excellent flexibility for future conversion into short-term accommodation, Airbnb units, or guesthouse suites. Residents benefit from a large communal kitchen, a shared braai and entertainment area, and an elevated balcony overlooking the expansive public parking area and neighboring park, creating an attractive social environment. Property Features: * 21 accommodation rooms * 6 en-suite rooms * 6 shared bathrooms * 7 rooms with private external access * Large communal kitchen * Shared braai and entertainment area * Balcony overlooking the park and parking area * Well-maintained throughout * Ample public parking directly behind the property * Established rental income stream Prime Location: Ideally situated close to Curro Rosen Castle, Eduvos Tyger Valley Campus, and Tyger Valley Mall, the property enjoys strong demand from students, young professionals, and short-term visitors alike. Whether you're looking to continue operating a successful student accommodation business or unlock the property's significant potential as an Airbnb portfolio or boutique guesthouse, this versatile investment offers multiple avenues for growth and increased returns. Contact us today to arrange a private viewing.

Features

  • sea views

Good to know

What is the asking price?+

This house is on the market at R 15 690 000.

How many bedrooms and bathrooms does it have?+

It has 21 bedrooms and 12 bathrooms.

Is there parking?+

Yes - 3 parking bays.

How big is it?+

The land size is 508 m².

Where is it located?+

It's in Rosendal, Bellville.

Bond repayment

Estimated monthly repayment

R 153 030

On a R 14 121 000 bond over 20 years at 11.75%.

Transfer costs

Purchase price
R 15 690 000
Transfer duty (SARS)
R 1 550 856
Transfer & conveyancing (est.)
R 92 250

Estimated once-off costs

R 1 643 106

Indicative only - bond registration costs excluded; your conveyancer confirms final figures.

Jambo Home Loans

Pre-qualified before you offer

Quay 1 partners with Jambo Home Loans. Get a bond pre-approval or speak to a consultant - they compare offers across the major banks on your behalf.

Call 087 474 0483

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