R 10 500 000
| Commercial Property for Sale in Auckland Park
17
Commercial Property – Auckland Park, Johannesburg
Student Accommodation (34 Single Rooms)**
Brief Overview
This is a larger student accommodation property consisting of 34 single rooms, located on a corner stand within the same strong academic zone, with 17 toilets and 17 showers supporting the accommodation capacity.
Income & Returns
* Rental per room: **R5,500 per month**
* Total monthly income: **R187,000**
* Annual income: **R2,244,000**
Funding Market Strength (Both Properties)
Both properties benefit from strong and reliable student funding channels, including:
* NSFAS-funded students (government-backed rental payments)
* Thuthuka Bursary Fund (structured term-based payments)
* Privately funded students (direct rental payments)
This ensures **diverse, stable, and consistent rental income streams** throughout the academic year.
Market Opportunity
* Increasing university enrolment annually
* Ongoing shortage of quality student accommodation in Johannesburg
* Strong demand from UJ and Wits student population
* High occupancy rates in well-managed residences
* Government and bursary funding supporting consistent rental payments
Investment Summary
Both assets represent **income-generating, high-demand student accommodation investments** in one of Johannesburg’s strongest academic corridors.
Key benefits include:
* Immediate rental income
* Strong tenant demand
* Strategic university proximity
* Reliable funding-backed rental ecosystem
* Long-term capital growth potential
Property Overview
Facilities
Building
Other Features
Contact AgentWeb Ref 117111334
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