NSFAS Accredited and Currently Opperated 15 Bed Student House

Student Accommodation Housing for Sale - Great Investment Opportunity Exclusively from NRE!

Looking for a lucrative investment in student housing? This excellent investment opportunity in student accommodation is currently running with great returns and is located a stone throw from UFS gates. The property is furnished and income-generating, making it an ideal choice for investors seeking strong returns in a high-demand student housing market.

Breakdown of Costs and Income:Monthly Expenses:- Utilities & Services:
- Electricity: R5500
- Rates & Taxes: R4800
- Uncapped Fibre: R750
- Maintenance & Upkeep:
- Gardening: R2400 (R600/week)
- House Cleaning: R2400 (R600/week)
- Maintenance: R1000
- Total Monthly Expenses: R5500 + R4800 + R750 + R2400 + R2400 + R1000 = R16850

Rental Income:- Single Rooms (2): R4630 per room x 2 = R9260
- Sharing Rooms (12 students): R3770 per student x 12 = R45240
- Total Monthly Rental Income: R9260 + R45240 = R54500

This property is a great investment opportunity in student accommodation housing for sale.

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