NSFAS-Accredited Student Residence for Sale – Soshanguve
Excellent investment opportunity in Soshanguve! This fully furnished, NSFAS-accredited student residence offers a strong income-generating asset with significant growth potential.
:The property consists of 14 double rooms accommodating 28 beds and is approved to house NSFAS-funded students. Currently occupied by 13 students, the residence generates approximately R58,500 per month, with a potential monthly income of up to R126,000 at full occupancy (28 beds × R4,500 per bed).
:Each room is equipped with its own prepaid electricity meter, allowing for efficient utility management and cost control. The property is fully furnished, making it a turnkey investment ready for continued operation.
Property Highlights:
:NSFAS-accredited student residence
:14 double rooms
:28-bed capacity
:Fully furnished
:Prepaid electricity in each room
:Current monthly income: R58,500
:Potential monthly income: R126,000
:Well-positioned in a high-demand student accommodation area
Asking Price: R1.9 million (Negotiable)
A rare opportunity for investors looking to enter or expand within the student accommodation market with an established and accredited residence. Contact us today for more information or to arrange a viewing.