EXCLUSIVE MANDATE
Web Ref RL110
R6,500,000
Monthly Bond Repayment R65,989.88
Calculated over 20 years at 10.75% with no deposit.
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Monthly Rates
R2,000
R2,000
High-Yield Student Investment:
A rare opportunity to acquire a high-performing student accommodation property in Wilgen Street, one of Kanonierspark’s most established student rental areas. Located just 2.5km from North-West University’s main gate, this fully tenanted, NSFAS and bursary-accredited property offers immediate income and strong long-term potential.
Investment Highlights:
-50 student rooms – fully occupied
-Annual rental income: R2,385,000
-Gross ROI: Approximately 36.7%
-NSFAS and bursary accredited – ensuring consistent tenant demand
-Situated in a high-occupancy student rental zone
-Secure, student-friendly area with proximity to shops and transport
-Turnkey, fully operational asset with existing leases in place
This is a proven, cash-generating asset suited to investors seeking strong yield and minimal vacancy risk in a stable student housing market.
Investment Highlights:
-50 student rooms – fully occupied
-Annual rental income: R2,385,000
-Gross ROI: Approximately 36.7%
-NSFAS and bursary accredited – ensuring consistent tenant demand
-Situated in a high-occupancy student rental zone
-Secure, student-friendly area with proximity to shops and transport
-Turnkey, fully operational asset with existing leases in place
This is a proven, cash-generating asset suited to investors seeking strong yield and minimal vacancy risk in a stable student housing market.
Features
Pets Allowed
No
Interior
Bedrooms
30
Bathrooms
14
Furnished
Yes
Exterior
Security
Yes
Parkings
30
Pool
No
Sizes
Land Size
1,428m²
Extras
24 Hour Access; 24 Hour Response; Accommodation; Above Road; Backup Water; Basin; Bath; Shower; Shower, Toilet and Basin; Below Road; Landscaped; Student Accommodation; On Street Parking; Secure Parking; Shade Net Covered; Covered; Covered Patio; Solar Panels; Solar Geyser; Gas Geyser; Water Tank; Borehole; Backup Battery/Inverter
