12.5 Bedroom House in Vanderbijlpark SE7

SOLE MANDATE High-Demand 16-Student Accommodation Investment

If you are looking for one of the best student accommodation investment opportunities in the area, this property offers exactly that. With a total occupancy of 16 students, it is already structured for strong income returns while also offering significant potential for upgrades and expansion.

Property Details:

Kitchen - with built-in cupboards and a scullery for washing dishes and laundry.

Lounge or TV room for relaxation. Students love that.

12 Spacious Rooms purpose-built to comfortably accommodate students.

Bathrooms: 4 toilets in total 3 inside, 1 outside.

Showers: 9 in total 6 inside, 3 outside.

Communal Spaces: Large open areas and functional layouts that balance study, social life, and recreation.

The property has a basketball court as well as swimming.

Expansion Potential: The swimming pool and basketball court offer opportunities for further development and additional student capacity.

Financial Highlights:

Occupancy: 16 students

Rental Income per Student: R4,940 per month

Monthly Income fully let: R79,040

Annual Income fully let: R948,480

Important to Note Defects & Renovation Needs:

This property is priced low to reflect its current condition. Investors should budget for renovations to bring it to full potential and to position it for NSFAS accreditation.

Defects include:

1. Parking shelter sheet broken

2. The front door handle is broken

3. Shower basin damaged

4. Toilet water leakage running continuously

5. Toilet door broken

6. Kitchen cupboard doors broken can be repaired or wrapped

7. Roof leaks in 4 bedrooms caused by blocked gutters from overhanging tree

8. Swimming pool non-functional

9. Outside roof collapse

10. Garage toilets geyser & showers faulty only 3 of 6 showers draining properly plumbing required

11. General paintwork needed

The Positives:

1. All defects are fixable with the right budget and effort.

2. Attractive Pricing priced below market to allow investors to renovate and unlock full value.

3. High Occupancy Potential currently accommodates 16 students comfortably thanks to large rooms and sharing arrangements.

4. Strong Income Stream Once renovated and accredited, the property offers excellent yields.

5. Expansion Opportunities The pool and basketball court can be repurposed into additional student housing, increasing long-term profitability.

Why This Investment Works:

This is not just a student house its a ready-to-scale investment project. While the property requires work, the earning potential, low entry price, and expansion capacity make it an exceptional opportunity for investors with the vision and resources to maximize returns. With upgrades and NSFAS accreditation, this property has the ability to deliver long-term occupancy, profitability, and growth.