20 Bedroom House in Vanderbijlpark Central

1. Property Overview

This property is a medium-sized B-grade student accommodation located in Vanderbijlpark S.E.7, within approximately 500m walking distance of the Vaal University of Technology VUT. The property is strategically positioned in a high-demand student accommodation area.

The building is currently occupied by NSFAS-funded students, with a vacancy rate of less than 1, indicating strong and consistent demand. All municipal accounts are up to date, ensuring financial compliance and operational stability.

The property is a full-title asset and is currently not VAT registered. It is also in the process of finalising rezoning approval for student accommodation.

2. Property Details

Total Erf Size: 892 m²

Property Type: Residential

Use: Student Accommodation

Zoning: General Residential rezoning to student accommodation in progress

Rates & Taxes: R1,698.05 per month

3. Accommodation Breakdown

The property consists of:

18 single rooms

1 double room

Accommodation currently housing approximately 21 students

4. Facilities & Amenities

Bathrooms & Kitchens

4 toilets

5 showers

Shared kitchen facilities

External Features

Standalone building

Tiled and metal corridor roofing

Caretaker room with bathroom included

5. Security & Infrastructure

24-hour security surveillance

CCTV monitoring system installed

Internet installed

Access to public transport bus, train, minibus taxis

Backup electricity available

Electric Fence

6. Investment Highlights

Prime student accommodation location near VUT

High occupancy rate less than 1 vacancy

Stable NSFAS student tenancy base

Strong rental demand in surrounding area

7. Disclaimer

All information has been provided in good faith and is accurate at the time of listing. However, prospective purchasers are advised to conduct their own due diligence to verify all details. The broker accepts no liability for any errors, omissions, or changes in information or costs.

8. Conclusion

This property represents a strong investment opportunity in the student accommodation sector, offering high occupancy, stable income potential, and strategic proximity to VUT.