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Student living in leafy Melville, a short walk to UJ and Wits — NSFAS-accredited with a large communal kitchen and development-ready backyard; nine bedrooms, three bathrooms.
Nsfas Accredited Student Accommodation For Sale In the upmarket suburb of Melville
11 Sleeper Nsfas Accredited Student Accommodation
A Neat And Well Maintained Student Accommodation For Sale in the leafy suburb of Melville, with a 15 minute walk to the UJ Bunting Road and UJ Auckland Park Campus Gates.
This commune has COJ Consent and NSFAS Accreditation for 9 students. It can comfortably accommodate up to 11 students across the main house and outside room featuring a large communal kitchen and a sitting room with a television.
Inside the main house we have 8 bedrooms sleeping 10 students.
There is and outside single bedrooms with its own bathroom plus a caretaker's quarters.The backyard is ripe for future development.
The total number of students that this property can occupy is 11 students.
This property is located 800m to the nearest University of Bunting Road Campus gate and is in a quiet street which is patrolled by armed response security guards.
The property is fitted with JOJO tanks to handle the water outages as well as a Gas Stove and Gas Showe.
This property is fully occupied with Nsfas and Private Bursary students .
This property is a feeder for University Of Johannesburg Students at their Bunting Road and Auckland Park Campuses as well as Wits University as it is located close to both Universities.
This property is fitted and armed response security.
This student commune will leave the market soon so contact me to make it yours today.
This location is considered Prime location and is favorable amongst the students as it is right in the middle of the 2 university gates.
Listed for sale at R2,049,999
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 220 listings in Johannesburg (town)
Insight
Priced close to the median for similar properties. On a price-per-m² basis, it is 70% above the median. Floor size is 49% smaller than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 20,124 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
220 similar listings
High similar-home inventory town-wide (Johannesburg)
Median time on market: 169 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
Auckland Park is a vibrant and centrally located suburb offering a mix of residential, educational, and commercial spaces, making it an attractive place to live for students, young professionals, and families.
* Distances and amenities are approximate.
