Property description

Exclusive Investment Opportunity: High-Yield, TUT-Accredited Student Accommodation 

Property Overview:
Located at 13 Jones Street, Nelspruit, this exceptional student accommodation complex offers a prime investment with accreditation from Tshwane University of Technology (TUT) valid until 2026. This property caters to NSFAS-funded students, ensuring a reliable income stream. Fully operational and well-maintained, the complex accommodates up to 135 students, making it a highly attractive opportunity in the growing student housing market.

Property Highlights:

• Total Capacity: 135 students in 77 fully furnished bedrooms across 27 units.
• Current Rental Income: R5,000 per student, with a rental period of 10 months.
• Low Vacancy Rate: Just 6.67%, underscoring the property’s desirability and stable occupancy.
• Amenities:
• Fully equipped kitchens with fridges and stoves in each unit.
• Large common area with TV room, accommodating 36-48 students for social and study sessions.
• Uncapped Wi-Fi, study desks in every room, and 24/7 security with electric fencing, CCTV, and access control.
• Dedicated guard station and on-site caretaker accommodation in a Wendy house for seamless management.
• Shuttle bus service for convenient transport to TUT.
• Individual electricity meters (for most units) and a single water meter for the entire complex.

On-Site Management Team:
A professional team is in place, including three cleaners, three security personnel, a caretaker, and a property manager, ensuring the property’s smooth operation and excellent tenant service.

Ideal for the Savvy Investor:
This property is more than just a real estate asset; it’s a thriving business operation with consistent demand from TUT students. Fully furnished and accredited through 2026, this complex is sold as a going concern, with the potential for stable, high yields and long-term income.

Additional Features:

• Size: 2 660 square meters, located 5km from the University of Mpumalanga.
• Parking: 27 secure parking bays, with 14 currently available.
• Additional Amenities: Laundry area, refuse area, and secure yard.

Supporting Documentation:
Rent rolls, floor plans, and Mbombela statements are available upon request.

Take the Next Step:
Seize this rare opportunity to own a high-performing student accommodation complex with built-in demand and secure, NSFAS-backed income. Contact us today to arrange a private viewing or receive more detailed information on this exceptional investment.