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High-yield urban student living in central Vanderbijlpark, steps from amenities and transport; four-storey building with self-catering kitchens, communal dining space, 200 beds.
*Vanderbijlpark Central â Investment Opportunity*
*Property Overview*
- *Location:* Vanderbijlpark Central
- *Erf Size:* 929 m2
- *Asking Price:* R 10 000 000
- *Current Use:* 4âstorey studentâaccommodation building (200 beds)
- *Rates & Taxes:* Approx. R 14 000 per month
*Key Features*
- *Accommodation:* 200 student beds
- Rooms configured for single occupancy or double occupancy (2 students per room)
- *Amenities:*
- Selfâcatering kitchens on each floor
- Central laundry facility
- *Structure:*
- Ground floor dedicated to secure parking and retail/shop units (potential for rezoning)
- 1st and 2nd floors fully equipped for student housing
- 4th floor repurposed as a communal dining/learning space
- *Additional:* Balconies on upper levels offering views of the surrounding area
*Development / Rezoning Potential*
- Groundâfloor space can be retained for commercial use (shops, cafĂŠs, services) or rezoned for additional student housing, increasing overall capacity and revenue.
*Ideal Investment*
- Highâyield studentâaccommodation asset in a central, wellâserved location.
- Strong demand for quality student housing in Vanderbijlpark.
- Flexibility to expand or diversify use through rezoning.
*Next Steps*
Contact the listing agent for a site inspection.
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_Prepared for prospective investors and developers._
Listed for sale at R11,000,000
Price reduced by 9.1% to R10,000,000
Vanderbijlpark Central offers a mix of residential comfort and commercial convenience, making it a practical choice for families and individuals seeking a balanced lifestyle.
* Distances and amenities are approximate.
