Engel & Völkers
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Excellent Investment Opportunity – NSFAS-Accredited Student Accommodation

ZAR 5,999,000
  • 24 Bedrooms
  • 12 Bathrooms
  • ~1,183 m² Plot surface

Description

This fully operational, NSFAS-accredited student accommodation presents an exceptional investment opportunity in a prime location. Ideally situated close to Boston College, NWU, Vuselela College, and Eduvos, this property is consistently in high demand among students seeking safe, comfortable, and convenient housing. The complex consists of 12 spacious, fully furnished bedrooms, each designed to accommodate two students – allowing for a total of 24 tenants. Each room includes two beds, two study desks, built-in cupboards, and a private en-suite bathroom with a shower, basin, and toilet. Additional comforts and practicalities include a personal gas geyser, prepaid electricity meter, and a dedicated alarm system for each room, offering both independence and peace of mind to tenants. A large communal kitchen is thoughtfully equipped with gas stoves, fridges, and a lockable storage locker assigned to each room, ensuring convenience and security for personal items. Communal features such as a braai area, secure off-street undercover parking, and washing machine facilities further enhance the appeal of this property. Safety and infrastructure are well accounted for with electric fencing, a water tank fitted with a pressure pump, and fibre internet already in place. The property’s location, amenities, and accreditation make it a low-maintenance, high-yield investment with excellent returns and long-term sustainability. This is a rare opportunity to own a high-demand student accommodation complex. Don’t miss out—contact Ouida today for more details or to schedule a viewing.
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Your advisor: Ouida Pieterse

Property ID: ENV196996

Property details
  • Property type

    House

  • Bedrooms

    24

  • Bathrooms

    12

  • Parking spaces

    12

  • Plot surface

    ~1,183 m²

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