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Southridge Park, Southridge Park, Mthatha, Eastern Cape
R 4 500 000
This is a rare opportunity to acquire an established and fully operational NSFAS Grade B approved student accommodation in the well-positioned area of Southridge Park. Purposefully configured for student living, this income-generating property offers an excellent layout and is already functioning as a student accommodation facility, making it ideal for investors seeking a ready-made rental business. Accommodation Features: • 17 student bedrooms • 1 caretaker’s room • 2 single rooms • 15 double rooms • 4 en-suite rooms • 3 communal kitchens • 6 shared bathrooms The property is well suited to meet student housing demand, offering a practical mix of single and double occupancy rooms, with ample bathroom and kitchen facilities to support comfortable communal living. With its NSFAS Grade B approval already in place, this property presents a strong investment opportunity for buyers looking to step into an existing student accommodation operation with immediate income potential. A solid, income-producing student accommodation investment in a high-demand area.
Estimated monthly repayment
R 42 495
on a R 4 050 000 bond over 20 years at 11.25%
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Southridge Park, Southridge Park, Mthatha, Eastern Cape
Area view — the exact address is shared on enquiry.
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