This is a well-established student accommodation property comprising 24 units in total.
The development includes 12 two bedroom units and 12 three bedroom units, designed for shared student living.
Each two-bedroom unit accommodates up to 3 students, while each three-bedroom unit accommodates up to 5 students, offering excellent density and strong rental potential. An ideal opportunity for investors seeking a scalable student accommodation asset with high occupancy potential.
Lets talk numbers!!! Yes! numbers like ROI, capacity rate, and what the investor can draw:
Total units: 24
12 by 2 bedroom units which is 3 students each that accommodates 36 beds
12 by 3 bedroom units which is 5 students each that accommodates 60 beds
Total student capacity sits at 96 beds!
Conservative per-bed rental assumption:
R2,800 – R3,200 per bed
Gross Monthly Income at Full Occupancy:
Low case: 96 by R2,800 equaling R268,800 pm
High case: 96 by R3,200 equaling R307,200 pm
Gross Annual Income: [hidden] – [hidden] per annum.
Income peaks during academic periods, this is between February to November and softens during off-cycle months, that is between December and January break.
Estimated Net Operating Income:
Low case at 65 percent margin is approximately [hidden] [hidden]
High case at 75 percent margin is approximately [hidden] [hidden]
Indeed this is a high-density 96 beds, strong cash-flow upside that yields well above residential norms.
The net yield is between 16 to19 percent per annum.
Danville , Elandspoort , Kwaggasrand , Philip Nel Park , Predustria , Pretoria Industrial , Pretoria West , Proclamation Hill , Saulsville , Westpark
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