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Apartment For Sale in Nelspruit

Nelspruit
R 36000000
RunningCosts Bond
Costs
Property Type Apartment
Erf Size 1487 m2
Levies R 0
Listing Date September 23, 2024
Floor Size NA
Rates and Taxes R 0
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Property description

We are excited to present a brand-new investment opportunity that just hit the market!
Prime Student Accommodation – 135 Beds, TUT Accreditation until 2026.

This well-maintained property is an ideal investment in student accommodation, featuring 135 fully furnished beds and an impressive low vacancy rate of 5%. Accredited by TUT until the end of 2026, this property is being sold as a going concern, offering immediate income generation and hassle-free management.

The property offers three different types of units:
● 15 three-bedroom units
● 4 two-bedroom units
● 8 additional three-bedroom units
● In total, there are 27 units housing 135 students, with each unit equipped with a kitchen and ablution facilities. Rooms are available as either single or shared accommodations.

Key Features:
● 24-hour patrolled security
● Uncapped fibre internet
● Access control facilities
● CCTV surveillance
● Caretaker accommodation
● 22-seater vehicle for student transport

The property also comes fully furnished, meeting NSFAS requirements, ensuring a seamless transition for both investors and tenants.

Don’t miss this rare opportunity to invest in a high-demand, accredited student accommodation property.

Request property details from Keller Williams - KW Lowveld

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