21 Bedroom Apartment in Klipspruit

Presenting an exceptional income-generating opportunity in the heart of Soweto a fully operational, NSFAS-accredited 21 bed student accommodation facility tailored for the growing demand in the higher education rental market.

This purpose-built property accommodates 21 students across 19 rooms:

17 Private Single Rooms fully furnished, well-lit, and designed for independent living.

2 Shared Rooms each with two beds, perfect for affordability-focused students.

Strategically Located:

Just 5 minutes from the University of Johannesburg (UJ) Soweto Campus

Only a 10-minute walk to Maponya Mall, offering easy access to shopping, dining, and public transport

Key Features:

NSFAS Accredited ensuring consistent occupancy and reliable student placement

Backup Power Solar system and generator for uninterrupted electricity

Water Security Backup water tanks installed

Two Separate Blocks (A & B) allowing operational efficiency and tenant flow

Each block includes:

Shared kitchen

Comfortable communal lounge/sitting area

Neat shared bathrooms

This property is neat, well-maintained, and secure, making it highly attractive to both students and their families.

Investment Snapshot:

Projected Return on Investment: 6%

Full occupancy potential due to NSFAS support and prime location

Turnkey, low-maintenance asset

Strong infrastructure and professional layout

Whether you''re a seasoned investor or expanding your student housing portfolio, this property offers a rare combination of security, location, and guaranteed demand.

Asking Price: R11,999,999