12 Bedroom House in Morningside
Prime NSFAS-Accredited Student Accommodation Investment in Berea
Unlock an exceptional investment opportunity with this fully operational, NSFAS approved student accommodation in the heart of Berea. Ideally positioned to serve students from DUT and UKZN Howard College, this income generating property is designed for consistent demand and strong returns.
The property accommodates 26 students and features 6 fully equipped kitchens, 8 bathrooms, dedicated office space, and an additional separate shower and toilet for added convenience.
Currently generating approximately R100,000 per month with operating expenses of around R70,000 per month, this is a turnkey investment offering immediate cash flow and excellent long-term growth potential.
Opportunities like this are rare. Contact us today to secure this high demand student accommodation investment.
Property details
- Listing number T5543553
- Property type House
- Listing date 6 Jul 2026
- Land size 684 m²
- Floor size 680 m²
- Rates and taxes R 7 000
Property features
- Bedrooms 12
- Bathrooms 13
- Lounges 3
- Dining areas 3
- Open parking 4
- Storage
- Family TV room