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R36,000,000

Apartment for sale in Nelspruit Central

1,487m²
Apartment For Sale In Nelspruit Central

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.

Property Type
Apartment
Stand Size
1,487m²
Reference
ENT0286367
Estimated monthly costs
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R371,587
Home loan repayment
R371,587
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Property history
Listed for sale at R36,000,000
23 Sep 2024
Get to know Nelspruit
Nelspruit, the capital of Mpumalanga, lies in the fertile valley of the Crocodile River. Nelspruit is so much more than just a gateway to Mpumalanga and the Kruger National Park.
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