Investment Opportunity:Ideal Student Accomodation on Expansive 2 192 sqm erf

Price on request

Butterworth, Eastern Cape

House for sale in Butterworth, 2192 m²

Butterworth, Eastern Cape

Price on request

Ref:1529674
8Bed
4Bath
2192
Type: House

Description

Prime Development & Income Generating Property

This spacious residential property, set on a generous 2 192 sqm erf, presents an exceptional investment opportunity with strong potential for student accommodation conversion or continued use as a residential rental facility. The layout, multiple ablution facilities, and expansive grounds make it perfectly suited for high yield accommodation.

Currently operating as residential accommodation, the property already offers the infrastructure needed to support multi tenant living with minimal conversion required.

Property Features
• Large ERF size: 2 192 sqm
• 8 Bathrooms
• 4 Toilets
• 5 Showers
• 2 Spacious Lounges
• Cozy fireplace
• Fully fitted kitchen with pantry
• Built-in cupboards (BIC)
• Fully tiled flooring throughout
• Dedicated entertainment area
• Paved driveway with ample parking
• Expansive garden with future expansion potential

Investment Highlights
• Ideal for student accommodation conversion
• Strong rental yield potential
• Existing layout supports communal living
• Space to expand additional rooms or cottages
• Suitable for boarding house, guest lodge, or multi-let investment

Lifestyle & Layout

The property offers generous communal spaces including two lounges and an entertainment area, perfect for shared living. The large kitchen with pantry supports high-occupancy usage, while multiple bathrooms and showers ensure convenience for tenants.

Outside, the paved driveway and vast garden provide additional development opportunities such as extra units, study pods, or recreational facilities.

Ideal For
• Student housing investors
• Guesthouse or boarding accommodation operators
• Developers seeking expansion potential
• Large family or multi generational living

Location

Butterworth, Eastern Cape

Data

Object TypeHouse
Purchase PricePrice on request
Living Space2192 m²
Plot Size2192 m²
Bathrooms4
Construction YearN/A
ConditionNot specified
Rooms12

Financial Information

RatesN/A
LevyN/A
Special LevyN/A

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