Commercial for sale
Vibrant communal living near campus in Southernwood, East London — turnkey investment with NSFAS accreditation, study room, TV lounge, fully equipped kitchen and 12-bed capacity.
GRAND GRADE A STUDENT ACCOMMODATION FOR SALE
Southernwood, East London
Investment Opportunity | NSFAS Accredited | Fully Occupied
A well-established Grade A student accommodation property in Southernwood, ideally positioned for investors seeking an income-generating student housing opportunity.
?? Property Features
* 8 spacious rooms
* 12-bed capacity
* 11 students currently accommodated – capacity for 12
* NSFAS accredited
* Fully occupied
* Study room
* TV room
* Fully equipped kitchen
* 3 fridges
* 2 couches
* TV
* 2 microwaves
* 1 washing machine
* Washing line
* Guard house
* CCTV security
* Security cameras
?? Current Rental Structure
* Grade A: R4,500 per student
* Single room: R4,900
* 8 rooms / 12-bed capacity
?? Investment Highlights
A ready-to-operate student accommodation property with established occupancy, NSFAS accreditation and existing facilities designed around student needs.
Serious buyers/investors welcome.
Call me today to arrange viewing.
Listed for sale at R2,695,000
Price reduced by 3.9% to R2,590,000
Southernwood is a centrally located, historic suburb in East London that offers residents convenient access to major schools, medical facilities, and the vibrant city center.
