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R 43 000 000 Bond Calculator | 198 Bedroom Apartment / Flat for Sale in Kingsview

White River, Kingsview

198
Erf Size: 8 789 m²

Prime Student Accommodation for Sale in Nelspruit, Mpumalanga

An exceptional investment opportunity is available with this fully tenanted student accommodation facility, conveniently located near TUT Mbombela campus.

Accredited by TUT since 2018, the property is home to NSFAS-funded students, ensuring consistent occupancy and steady income.

The facility comprises 53 well-maintained housing units, accommodating a total of 198 students. Each unit is thoughtfully designed with comfort in mind, featuring 43 kitchens, 53 bathrooms, and ample communal spaces. Additionally, the property is equipped with 2 coin-operated laundry machines and 12 manual washing troughs, providing essential amenities for the tenants.

This is a turnkey investment with a proven track record of successful student housing, offering both stability and growth potential.


Property Overview

Listing Number
114788124
Type of Property
Apartment / Flat
List Date
13 August 2024
Erf Size
8 789 m²
Floor Area
1 278 m²
Price per m²
R 33 646
Rates and Taxes
R 3 200

Rooms

Bedroom
198
Kitchens
43


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Agents

Thandeka Mazibuko
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