Income-Generating Accommodation Investment in Palmietfontein – Prime Location on the R37

This well-developed alternative accommodation property is ideally located in Palmietfontein, directly next to the R37, ensuring high visibility, accessibility, and consistent rental demand. It presents an outstanding investment opportunity with a proven monthly rental income of approximately R120,000.
The property comprises a diverse range of residential units, all with built-in cupboards, offering comfortable living for a variety of tenants:
• 3 x 3-bedroom units
• 12 x 2-bedroom units
• 11 x 1-bedroom units
• 19 bachelor units
• All with lounge, fitted kitchen and bathrooms.
In addition to the rental units, there is a Lapa house featuring:
• 2 bedrooms with built-in cupboards
• Lounge
• Fitted kitchen
• Bathroom facilities
Utilities & Infrastructure:
• Reliable water supply via borehole and Lepelle water connection, with 2 x 10,000L JoJo Tanks
• Eskom Electricity
• French drain system for waste management
• Electric fencing and automated entrance gate for enhanced security
This property is fully equipped to support long-term occupancy, staff accommodation, or student housing. Its strategic location, strong infrastructure, and consistent income stream make it an ideal acquisition for serious investors looking for a secure and high-yield asset.