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Vanderbijlpark Se 7, Vanderbijlpark Se 7, Vanderbijlpark, Gauteng
R 3 700 000
1. Property Overview This property is a medium-sized B-grade student accommodation located in Vanderbijlpark S.E.7, within approximately 500m walking distance of the Vaal University of Technology (VUT). The property is strategically positioned in a high-demand student accommodation area. The building is currently occupied by NSFAS-funded students, with a vacancy rate of less than 1%, indicating strong and consistent demand. All municipal accounts are up to date, ensuring financial compliance and operational stability. The property is a full-title asset and is currently not VAT registered. It is also in the process of finalising rezoning approval for student accommodation. 2. Property Details Total Erf Size: 892 m² Property Type: Residential Use: Student Accommodation Zoning: General Residential (rezoning to student accommodation in progress) Rates & Taxes: R1,698.05 per month 3. Accommodation Breakdown The property consists of: 18 single rooms 1 double room Accommodation currently housing approximately 21 students 4. Facilities & Amenities Bathrooms & Kitchens 4 toilets 5 showers Shared kitchen facilities External Features Standalone building Tiled and metal corridor roofing Caretaker room with bathroom included 5. Security & Infrastructure 24-hour security surveillance CCTV monitoring system installed Internet installed Access to public transport (bus, train, minibus taxis) Backup electricity available Electric Fence 6. Investment Highlights Prime student accommodation location near VUT High occupancy rate (less than 1% vacancy) Stable NSFAS student tenancy base Strong rental demand in surrounding area 7. Disclaimer All information has been provided in good faith and is accurate at the time of listing. However, prospective purchasers are advised to conduct their own due diligence to verify all details. The broker accepts no liability for any errors, omissions, or changes in information or costs. 8. Conclusion This property represents a strong investment opportunity in the student accommodation sector, offering high occupancy, stable income potential, and strategic proximity to VUT.
Estimated monthly repayment
R 34 940
on a R 3 330 000 bond over 20 years at 11.25%
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Vanderbijlpark Se 7, Vanderbijlpark Se 7, Vanderbijlpark, Gauteng
Listed by
Amahle Botha
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