21 Bedroom Apartment in Klipspruit

Presenting an exceptional income-generating opportunity in the heart of Soweto a fully operational, NSFAS-accredited 21 bed student accommodation facility tailored for the growing demand in the higher education rental market.This purpose-built property accommodates 21 students across 19 rooms:17 Private Single Rooms fully furnished, well-lit, and designed for independent living.2 Shared Rooms each with two beds, perfect for affordability-focused students.Strategically Located:Just 5 minutes from the University of Johannesburg (UJ) Soweto CampusOnly a 10-minute walk to Maponya Mall, offering easy access to shopping, dining, and public transportKey Features:NSFAS Accredited ensuring consistent occupancy and reliable student placementBackup Power Solar system and generator for uninterrupted electricityWater Security Backup water tanks installedTwo Separate Blocks (A & B) allowing operational efficiency and tenant flowEach block includes:Shared kitchenComfortable communal lounge/sitting areaNeat shared bathroomsThis property is neat, well-maintained, and secure, making it highly attractive to both students and their families.Investment Snapshot:Projected Return on Investment: 6%Full occupancy potential due to NSFAS support and prime locationTurnkey, low-maintenance assetStrong infrastructure and professional layoutWhether you''re a seasoned investor or expanding your student housing portfolio, this property offers a rare combination of security, location, and guaranteed demand.Asking Price: R11,999,999 Show more Show less