R 36 000 000
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Commercial space in Nelspruit

135 1 487 m²

Fully let student accommodation for sale in the crux of Mbombela

Gross monthly income of over R530 000.

Nestled in the Mbombela area, North East of South African lowveld equidistant to Aeroton and Nasrec. With proximity to express routes central to the Nelspruit CBD, this jaw dropping leafy suburbia with main attractions, is ideal for a serious investor, hence we calling on all investors with a keen eye for a self-propelled, plug and play deal with a Guaranteed High Net Operating Income!

Housing Bursary Students, this four block double storey with 135 rooms is accredited by TUT & NFSAS so you dont have to hustle. Boasting a longstanding lease agreement with TUT & NFSAS and is sold as a going concern. Buyer takes all!

This student housing/complex vaunts the following:

Zoning: Residential 3

ERF: 1 487 sqm

GLA: 1 487 sqm

CCTV Cameras

Alarm System & Guard Room

Laundromat & Free Wifi

Shuttle Bus Services

Surrounding Shopping Centres

More information will be shared only with motivated and pre-qualified buyers, call us for an exclusive tour!

Property details

  • Listing number T4820410
  • Property type Commercial
  • Listing date 10 Oct 2024
  • Land size 1 487 m²

Property features

  • Bedrooms 135

Photo gallery