8 Bedroom House for Sale in Pimville Zone 6

Established student accommodation with NSFAS and UJ accreditation – ideal investment opportunity!

This compliant student accommodation property presents an excellent opportunity for an investor looking to enter or expand within the student housing market.

The property is accredited with NSFAS and the University of Johannesburg (UJ) and is compliant, with approved building plans and fire certificates in place.

The accommodation offers 8 bedrooms with a total capacity of 13 students, configured as follows:

- 5 shared rooms accommodating 10 students

- 3 single rooms accommodating 3 students

- Total capacity: 13 beds

- Currently accommodating 8 students

- Caretaker accommodation on the premises

The property provides separate bathroom facilities, including:

- 2 showers and 1 toilet for male students

- 1 shower and 1 toilet for female students

Security and infrastructure features include:

- Electric fencing

- Security cameras

- Gas stove

- Electric stove

- Approved building plans

- Fire certificates

- Compliant accommodation setup

- Caretaker on site

The property does require some TLC and cosmetic improvements, including painting and replacing some of the doors. This presents an opportunity for a new owner to upgrade the accommodation and potentially enhance its appeal and rental income potential.

With existing students, established accreditation and the capacity to accommodate 13 students, this property offers an attractive opportunity for an investor seeking a student accommodation asset with room for improvement and growth.

An excellent opportunity to acquire an established student accommodation property with the fundamentals already in place.