Got it — here’s the updated description with White River included:
Student Accommodation Block – NSFAS Accredited – White River
Location: White River, Mpumalanga – well-located with access to public transport routes and nearby tertiary institutions
Erf Size: 1 Hectare
Status: NSFAS Accredited – was operational as student housing
Accommodation Details:
- 15 Rooms accommodating 30 students – 2 students per room
- 3 Fully equipped communal kitchens
- 7 Showers and toilet facilities
- Dedicated study room for academic use
- Entertainment/communal space for student recreation
Property Features:
- Secure property with perimeter wall and gated access
- Borehole water supply – reduces municipal water costs
- Prepaid electricity system for easy student management
- Large 1 hectare stand with potential for expansion or additional facilities
- Condition: In need of renovations – ideal value-add investment opportunity
Investment Highlights:
- NSFAS accreditation in place – immediate rental income potential once renovated
- High demand for student housing in White River due to proximity to colleges and Nelspruit
- Existing infrastructure with multiple kitchens, bathrooms, study and social areas
- Secure and self-sufficient with borehole and prepaid utilities
Perfect for investors or developers looking to upgrade and capitalise on the growing student accommodation market in White River.
Contact TPG Properties for viewing