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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
Property history
Listed for sale at R36,000,000
23 Sep 2024
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