Net rental return: 9.7%
Estimated net rental per month: R93 000
Estimated net rental per year: R1 116 000
This commercial property is an excellent investment opportunity in the student accommodation market. Currently set up to accommodate students, the property provides functional, secure, and well-maintained living spaces. While it is not yet registered with NSFAS, the new owner has the option to complete registration, unlocking access to guaranteed rental demand from NSFAS-supported students.
In addition, the property offers flexibility for the owner to operate rental accommodation of their choice. Whether you wish to continue with student rentals, convert it to private rentals, or use a hybrid model, this property allows you to tailor the rental strategy to your investment goals.
Key Features:
Purpose-built student accommodation with multiple rooms per unit
Functional and secure living spaces
Well-maintained common areas for tenants
Flexible rental options – student, private, or hybrid rentals
Opportunity to register with NSFAS for increased rental demand
Fully rentable with structured operational costs
Estimated Monthly Expenses:
Total Monthly Expenses: R39 682
Financial Overview:
Estimated net rental per month: R93 000
Estimated net rental per year: R1 116 000
Net rental return: 9.7%
This property is ideal for investors seeking flexible, income-generating. With the option to register with NSFAS and the freedom to choose the type of rental accommodation, it offers both stability and adaptability in the growing student and rental housing market.