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Modimolle, Modimolle, Modimolle, Limpopo
R 1 630 000
CASH-FLOWING STUDENT ACCOMMODATION INVESTMENT Opportunities like this do not come onto the market often. Positioned in the sought-after Paul Kruger area of Modimolle, this established student accommodation and rental property offers an investor the opportunity to acquire a fully operational income-producing asset with immediate cash flow from day one. Currently generating approximately R39 000 per month rental income, the property is being sold lock, stock and barrel, including furniture, appliances and accommodation equipment required to continue operating the business. A major advantage is that the property currently benefits from the NSFAS-funded student accommodation market, with approximately two years of NSFAS funding allocation still remaining, offering investors added income security and a proven tenant demand base. Set on a generous 1,230m2 stand, the property combines spacious living areas with practical accommodation facilities, making it ideal for student housing, workforce accommodation or long-term rental tenants. PROPERTY FEATURES 5 Spacious Bedrooms 3 Bathrooms 2 En-Suite Bathrooms Large Open-Plan Living and Dining Areas Modern Kitchen with Ample Built-In Cabinetry Separate Laundry Area Extensive Built-In Cupboards Spacious Communal Lounge Secure and Functional Student Accommodation Setup INCLUDED IN THE SALE 12 Beds 12 Study Tables 2 Refrigerators Washing Machine Microwave Lounge Furniture Various Accommodation Furnishings and Equipment ADDITIONAL FEATURES 2 Covered Carports Secure Parking Fully Walled Property Paved Outdoor Areas Modern Tiled Finishes Throughout Spacious Communal Living Areas Large Shared Kitchen Excellent Rental Demand Area Sold Fully Furnished and Operational This is a rare opportunity to acquire an established student accommodation business with an existing income stream, accommodation infrastructure already in place, furniture included, and a proven rental track record. Whether you continue operating as NSFAS-linked student accommodation or expand the rental model further, this property offers immediate returns and long-term investment potential. Invest today. Earn from day one. CENTURY 21 DISCLAIMER Century 21 Bushveld and its representatives provide the information contained herein in good faith. While every reasonable effort has been made to ensure accuracy, all information, measurements, sizes, descriptions, photographs and property details are subject to verification by prospective purchasers and do not constitute any representation or warranty. Buyers are encouraged to conduct their own due diligence regarding zoning, municipal services, approvals, building plans, rental income, occupancy levels, NSFAS accreditation status, funding allocations and intended use. Some photographs may have been digitally enhanced, virtually staged or edited for marketing purposes. E&OE (Errors and Omissions Excepted).
Estimated monthly repayment
R 15 393
on a R 1 467 000 bond over 20 years at 11.25%
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Modimolle, Modimolle, Modimolle, Limpopo
Area view — the exact address is shared on enquiry.
Fair-value check
Fairly pricedIn line with comparable 5-bed houses for sale in Modimolle
Based on 10 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Elmarie Ntuli
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