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21 Bedroom Apartment For Sale in Soweto

Soweto, Gauteng, South Africa
R 11999999
RunningCosts Bond
Costs
Property Type Apartment
Erf Size NA
Levies R 322
Listing Date July 30, 2025
Floor Size NA
Rates and Taxes R 2800
Details
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Property description

Presenting an exceptional income-generating opportunity in the heart of Soweto – a fully operational, NSFAS-accredited 21 bed student accommodation facility tailored for the growing demand in the higher education rental market.

This purpose-built property accommodates 21 students across 19 rooms:

17 Private Single Rooms – fully furnished, well-lit, and designed for independent living.

2 Shared Rooms – each with two beds, perfect for affordability-focused students.

Strategically Located:

Just 5 minutes from the University of Johannesburg (UJ) Soweto Campus

Only a 10-minute walk to Maponya Mall, offering easy access to shopping, dining, and public transport

Key Features:

NSFAS Accredited – ensuring consistent occupancy and reliable student placement

Backup Power – Solar system and generator for uninterrupted electricity

Water Security – Backup water tanks installed

Two Separate Blocks (A & B) – allowing operational efficiency and tenant flow

Each block includes:

Shared kitchen

Comfortable communal lounge/sitting area

Neat shared bathrooms

This property is neat, well-maintained, and secure, making it highly attractive to both students and their families.

Investment Snapshot:
Projected Return on Investment: ±6%

Full occupancy potential due to NSFAS support and prime location

Turnkey, low-maintenance asset

Strong infrastructure and professional layout

Whether you're a seasoned investor or expanding your student housing portfolio, this property offers a rare combination of security, location, and guaranteed demand.

Asking Price: R12,000,000

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