R3,699,000

R3,699,000

7 Bedroom House For Sale in Wellington Central
7
Bedrooms
5
Bathrooms
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High-Yield Student Accommodation Investment | Central Wellington

Web Ref. SIR117971
Land size 1295.00 m²
Monthly Bond Repayment
R36,310.98
An excellent investment opportunity in the heart of Wellington, ideally positioned for student accommodation with an established rental income already in place.

This property is currently operating as student accommodation, generating a confirmed income of R30,300 over a 10-month period (February to November), in line with the academic year. Students typically vacate during December and January, allowing for maintenance or alternative short-term use.

In addition, the separate 3-bedroom house on the property presents a fantastic opportunity to expand the existing setup. With minimal adjustment, it can be utilized for additional student accommodation, with a potential income of approximately R21,000 over 10 months.

Call to book a viewing now!
Monthly Rates R3,363

Features

Interior
7 Bedrooms
5 Bathrooms
1 Kitchen
1 Lounge
1 Dining Room
Exterior
6 Parkings
4 Flatlets
Sizes
Land Size 1,295 m²
Listing Info
Date Listed 03-02-26
Time Listed 13:27

Disclaimer

While every effort will be made to ensure that the information contained within the Lew Geffen Sotheby's International Realty website is accurate and up to date, Lew Geffen Sotheby's International Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.