Commercial space in Nelspruit Central

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 propertys 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 propertys smooth operation and excellent tenant service.

Ideal for the Savvy Investor:

This property is more than just a real estate asset its 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.