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R 46 000 000

Commercial Property for Sale in Nelspruit Central

13 Jones Street, Nelspruit Central, Nelspruit

2 660 m²
- m²: 2 660 m²
- Hectares: 0.266 ha
- Acres: 0.657 acres

Contact Broker

Thato Molefe

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Exclusive Investment Opportunity: High-Yield, TUT-Accredited Student Accommodation

Property Overview:

Located at 13 Jones Street, Nelspruit, this exceptional student accommodation complex offers a prime investment with accreditation from Tshwane University of Technology (TUT) valid until 2026. This property caters to NSFAS-funded students, ensuring a reliable income stream. Fully operational and well-maintained, the complex accommodates up to 135 students, making it a highly attractive opportunity in the growing student housing market.

Property Highlights:

Total Capacity: 135 students in 77 fully furnished bedrooms across 27 units.

Current Rental Income: R5,000 per student, with a rental period of 10 months.

Low Vacancy Rate: Just 6.67%, underscoring the property’s desirability and stable occupancy.

Amenities:

Fully equipped kitchens with fridges and stoves in each...

Exclusive Investment Opportunity: High-Yield, TUT-Accredited Student Accommodation

Property Overview:

Property Highlights:

Total Capacity: 135 students in 77 fully furnished bedrooms across 27 units.

Current Rental Income: R5,000 per student, with a rental period of 10 months.

Low Vacancy Rate: Just 6.67%, underscoring the property’s desirability and stable occupancy.

Amenities:

Fully equipped kitchens with fridges and stoves in each unit.

Large common area with TV room, accommodating 36-48 students for social and study sessions.

Uncapped Wi-Fi, study desks in every room, and 24/7 security with electric fencing, CCTV, and access control.

Dedicated guard station and on-site caretaker accommodation in a Wendy house for seamless management.

Shuttle bus service for convenient transport to TUT.

Individual electricity meters (for most units) and a single water meter for the entire complex.

On-Site Management Team:

A professional team is in place, including three cleaners, three security personnel, a caretaker, and a property manager, ensuring the property’s smooth operation and excellent tenant service.

Ideal for the Savvy Investor:

This property is more than just a real estate asset; it’s a thriving business operation with consistent demand from TUT students. Fully furnished and accredited through 2026, this complex is sold as a going concern, with the potential for stable, high yields and long-term income.

Additional Features:

Size: 2 660 square meters, located 5km from the University of Mpumalanga.

Parking: 27 secure parking bays, with 14 currently available.

Additional Amenities: Laundry area, refuse area, and secure yard.

Supporting Documentation:

Rent rolls, floor plans, and Mbombela statements are available upon request.

Take the Next Step:

Seize this rare opportunity to own a high-performing student accommodation complex with built-in demand and secure, NSFAS-backed income. Contact us today to arrange a private viewing or receive more detailed information on this exceptional investment.

Listing number: P24-115180661, Image number: 1

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Property Overview

Listing Number

115180661

Type of Property

Commercial Property

Street Address

13 Jones Street, Nelspruit Central

Lifestyle

Estate, Student Accommodation, Gated Community

Listing Date

06 November 2024

Erf Size

2 660 m²

Pets Allowed

External Features

Outside Areas

Building

Standalone Building

Other Features

Security

Totally Fenced, Security Gate, Guard House, Guard, Electric fencing, Perimeter Wall

Nearby Public Transport

Bus, Train, Minibus Taxi

Internet Access

Fibre

Points of Interest

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