Introducing a fantastic investment opportunity: a 1,680 square meter student accommodation property. Located 5km from University of Mpumalanga, in Nelspruit.
It includes a mix of private rooms and communal areas, creating a welcoming environment for residents. With a solid rental history and strong potential for growth, this property is a smart addition to any real estate portfolio.
The student accommodation offers amenities such as:
135 beds with 27 Units
27 secure parking bays with 14 available
3 Wendy huts
Secure yard and security
Has a tv area for students
Includes a washing bay or laundry area
CCTV cameras
Refuse area
Rent roll, floor plans and Mbombela statements are available on request. According to a basic yield calculation I performed, based on current expenses and pricing. This property features a 13.6% initial return in the first year.
For any enquiries or to arrange a viewing contact us today!