Commercial Property For Sale in Kingsview, White River

Property description

This expansive student accommodation spans two adjoining properties, covering over 21,800 square meters. With NSFAS approval, the property currently offers a total of 198 beds, catering specifically to University of Mpumalanga students, ensuring a steady stream of rental income.

The property comes with full business rights, providing the flexibility to expand and enhance the student village concept. Approved plans are in place to construct three additional blocks, each accommodating 47 beds. This expansion will add a total of 141 beds, boosting the overall capacity and making the property even more attractive to investors.

Beyond the approved expansion, the property offers ample space for further development, presenting an incredible opportunity to maximize its potential. Ideal for investors looking to capitalize on the growing demand for student housing in the area.