Massive Rental and Student Income Potential
An exceptional income-generating opportunity in the heart of Koffiefontein! This well-positioned property offers 9 fully occupied flats, each with:
Private bathroom
Undercover parking
Reliable month-to-month tenants
Current Rental Income: R21,580 per month
All units are currently tenanted, providing immediate, stable cash flow from day one.
Unlock Even Greater Returns Student Accommodation Potential
With strong demand for housing and the mine reopening in the area, accommodation will soon become extremely scarce. By converting the property into student accommodation with an existing student housing contract in place, you can significantly increase your returns:
15-student capacity
R3,556 per student
Potential monthly income of approximately R53,340
Thats more than double the current rental income!
Why This Is a Smart Investment
Immediate income stream
High-demand location
Strong growth potential with mine reopening
Scalable income through student accommodation conversion
Excellent long-term capital growth prospects
Opportunities like this in Koffiefontein are rare especially with built-in income and expansion potential.
Call today to arrange a viewing and secure this high-yield investment before accommodation demand surges!
LORABI 9 CC trading as REMAX Diamond Kimberley operates in terms of a franchise agreement with REMAX of Southern Africa.