Smart investment for steady student rental income steps from TUT — Philip Nel Park, 1.8km away; 55-unit complex convertible to 259 student beds.
Investment Lifetime Opportunity: Oxford Village
A complex offering a unique blend of residential opportunities! Total of 55 units located in Philip Nel Park 1.8km from TUT University.
Key Features:
- Total of 55 units, offering a unique opportunity for investors seeking income-generating properties
- Mix of single and double-storey clinker simplexes, with double-storey bulk available
- 55 units can be converted to 259 student beds, catering to the demand for accommodation in TUT University
-Zoning Certificate in Place
-Rent Roll in Place
Accommodation Details:
- Unit sizes vary, with some units exceeding the minimum sizes stipulated in the Gazette for new buildings.
- Specific unit sizes:
- Two-bedroom units: 11.27m2 - 11.05m2
- One-bedroom open lounge units: 13.69m2
- Three-bedroom units: 7.4m2
This established complex offers investors a rare opportunity to acquire a substantial income-generating property in a prime location.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R29,000,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 26 listings in Pretoria West
Insight
Priced above the median for similar properties in the area.
Similar properties pricing
Market depth
26 similar listings
Medium similar-home inventory in Pretoria West
Median time on market: 210 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Pretoria West is a well-established, industrial-adjacent residential area that offers affordable housing options and convenient access to the Pretoria CBD and major transport routes.
* Distances and amenities are approximate.