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PRETORIA NORTH - COMMERCIAL PROPERTY

330 BED STUDENT ACCOMMODATION - THIS AUCTION HAS CLOSED

DESCRIPTION:

High-Yield Student Accommodation Investment – Pretoria NorthFully accredited for 330 student beds, this operational residential block currently houses ± 153 students across 60 units (47 x 2 bed, 12 x 3 bed, 1 bachelor) with a improvements of ± 4886m². The property generates a Projected Gross Annual Income of ± R10.7 million, positioning it as a high-yielding, income-secure investment.Student-Focused Facilities:Accreditation for 330 studentsSecure on-site parking and 24-hour securityCommunal laundry roomsRecreation room with pool tablePre-paid electricity meters in all unitsElevator on-site (currently under repair)Investment Highlights:A well-maintained residential block repurposed for student accommodation, with strong current occupancy and capacity to scale to full accreditation. Combining reliable cash flow, resilient demand, and growth potential, this asset offers an exceptional opportunity in the Pretoria North student housing market.
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