Property description

Invest in a high-demand student accommodation property strategically located near the Tshwane University of Technology (TUT) in Pretoria. This 3-story residential building offers 24 well-maintained units, designed to accommodate up to 89 students. With its prime location, NSFAS accreditation, and strong revenue potential, this property presents an exceptional investment opportunity.

Property Overview:

• Type: 3-story residential building exclusively for student accommodation.
• Units: 24 fully equipped student accommodation units.
• Student Capacity: Accommodates up to 89 students.
• Location: Prime area near TUT, ensuring high demand and accessibility. Close to public transport and essential amenities.
• Amenities: Shuttle services to and from TUT, adding convenience for students.
• Furniture: Fully furnished units included in the sale, enhancing value.

Financial Highlights:

• Full Capacity Revenue Projection: R417,000.00 per month, demonstrating strong earning potential.
• Current Occupancy: 50%+, generating a monthly gross revenue of R300 000+ with immediate potential for growth.
• NSFAS Accreditation: Secures a reliable and consistent rental income from government-sponsored students, reducing financial risks.

Investment Advantages:

• High-Demand Location: Close proximity to TUT ensures a continuous stream of student tenants.
• Stable Revenue Stream: NSFAS accreditation guarantees steady rental payments.
• Immediate Cash Flow: Existing occupancy provides instant income, with significant upside potential as capacity increases.
• Turnkey Investment: Fully furnished units and shuttle services add to the appeal, requiring minimal additional investment.
• Growing Market: Increasing student enrollment at TUT ensures long-term rental demand.

This is a rare opportunity to secure a profitable real estate investment in a rapidly growing sector. Don’t miss out on the chance to own a high-yield, strategically located student accommodation property with substantial returns and long-term growth potential.