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R43,000,000 | 1,278m² Apartment Block For Sale in Kingsview

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R43,000,000

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Monthly Rates
R3,200

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.

Features

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Zoning
Commercial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
1,278m²
Land Size
8,789m²
1
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