House for sale
Accredited student accommodation
Investor-ready student housing near TUT and UMP in Stonehenge, walking distance to bus routes, offering established income and municipal-approved guesthouse expansion plans.
This three-bedroom house, including one en-suite bedroom, is situated in Stonehenge and is accredited by TUT and the University of Mpumalanga (UMP) in Nelspruit. It currently accommodates female students, offering an established income opportunity.
Ideally located close to bus routes, the property also overlooks the neighbouring Ntulo Wildlife Estate. The main house is configured to accommodate up to eight students and features shared kitchen facilities. A Wendy house provides a separate bachelor unit suitable for an additional student.
Assets are included in the sale.
The plans are approved for a guesthouse with addisional six bedrooms, all ensuite and an openplan lounge and coffee area. Rezoning has been approved by the municipality.
Contact me today to find out more about this excellent investment opportunity.
Additional features
Ownership costs
Property history
Listed for sale at R2,100,000
Smart property insights
How does this home’s price compare with similar properties?
Price comparison based on 5 similar-sized 3-bed homes.
Insight
Priced 47% below the local median - and below the typical range across Nelspruit.
Compared with 5 similar active listings across Nelspruit.
It sits below similar homes even on a price-per-m² basis - condition, position or finishes may explain the gap. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages - check with the agent for local guidance.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
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