House for sale
Cultivate vibrant communal living for students or guests close to campus and amenities, with shared reception areas and a dedicated entertainment/study lounge — seven bedrooms, four bathrooms as-is.
High-yielding investment potential! This incomplete double-storey structure is a blank canvas ready for an investor or developer to finish and capitalize on the student accommodation or guesthouse market. Solid brickwork and structural foundations are in place, allowing an investor or developer to step in and finish the build to exact commercial specifications.
The property is sold voetstoots (as-is), and the completion of the remaining building works will be for the account of the purchaser. A valid Electrical Certificate of Compliance (COC) is available for the existing electrical installation.
Property Layout :
Ground Floor: 4 spacious bedrooms, all featuring en-suite bathrooms for maximum privacy and rental yield, plus communal living/reception areas.
Top Floor: 3 additional bedrooms and entertainment lounge or student study hub.
Total Capacity: 7 large bedrooms (easily sleep 7 to 14 occupants depending on single vs. sharing configurations).
Please note : Sold voetstoots (as-is).
Listed for sale at R1,200,000
Price increased by 7.5% to R1,290,000
Wide price range across Nelspruit
Prices vary widely across Nelspruit, so a like-for-like comparison isn't reliable for this home.
Below the typical range for Nelspruit.
Market depth
19 similar homes
20 listings across Nelspruit
118 days
Median time on market
Medium inventory
Active across Nelspruit
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Nelspruit Ext 29 is a tranquil and developing residential area that offers residents a peaceful suburban lifestyle with convenient access to the essential amenities and commercial hubs of Mbombela.
