3 Bedroom House for sale in Erica Township

Description

High-Yield Student Accommodation Investment in Old Belhar Positioned in the sought-after suburb of Old Belhar, this established student accommodation offers an excellent opportunity for investors looking to enter or expand within the growing student rental market. Currently operating as a successful student residence, the property can accommodate up to 11 students and currently generates an impressive rental income of approximately R40,000 per month(there is about 8 students currently), providing immediate cash flow from day one. Designed for practical communal living, the property features: Accommodation for 11 students A spacious communal kitchen Shared living spaces Borehole water supply, significantly reducing monthly water costs and operating expenses. The house currently is supplied with borehole water . The only tap that is supplied with muni... High-Yield Student Accommodation Investment in Old Belhar Positioned in the sought-after suburb of Old Belhar, this established student accommodation offers an excellent opportunity for investors looking to enter or expand within the growing student rental market. Currently operating as a successful student residence, the property can accommodate up to 11 students and currently generates an impressive rental income of approximately R40,000 per month(there is about 8 students currently), providing immediate cash flow from day one. Designed for practical communal living, the property features: Accommodation for 11 students A spacious communal kitchen Shared living spaces Borehole water supply, significantly reducing monthly water costs and operating expenses. The house currently is supplied with borehole water . The only tap that is supplied with muni water is the kitchen tap which is used for daily consumption. Located within easy reach of the University of the Western Cape (UWC) and other essential amenities, the property is ideally positioned to attract consistent student demand year after year. It presents an excellent opportunity for an investor to modernize and potentially increase rental returns over time. Whether you choose to continue operating it in its current form or upgrade the accommodation to command premium rentals, this property offers exceptional income-generating potential. An established investment with proven returns, low running costs, and room for future growth—this is an opportunity not to be missed. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-479384808","type":"c"}));

What we know about this property

Each attribute shows where it came from and how sure we are. Model-derived attributes arrive as enrichment runs.

Portal facts

Garage

Single

Garden

Communal

Zoning

Single Residential

Kitchen

Built-in Cupboards

Parking

4

Bedrooms

3

Coverage

34 %

Erf Size

554 m²

Bathrooms

2

Bedroom 1

Laminated Floors

Bedroom 2

Laminated Floors

Bedroom 3

Laminated Floors

Furnished

Optional

Parking 1

On Street Parking

Parking 2

On Street Parking

Parking 3

On Street Parking

Parking 4

On Street Parking

Bathroom 1

Bath, Toilet and Basin

Bathroom 2

Bath, Toilet and Basin

Floor Size

190 m²

Backup Water

Borehole

Listing Date

01 July 2026

Pets Allowed

Yes

Listing Number

117370228

Office/studies

1

Internet Access

Fibre

Rates and Taxes

R 763

Type of Property

House

Nearby Public Transport

Minibus Taxi