For Sale: Prime Student Accommodation Investment – Akasia, Pretoria 848 Beds 21 Blocks High Yield
An exceptional opportunity to acquire a fully operational, accredited student accommodation facility in Akasia, Pretoria. With a proven track record of strong monthly rental income and significant upside potential, this property is ideal for seasoned investors seeking stable cash flow and long-term growth.
Property Overview
848 total beds across 212 apartments (2 bedrooms each)
21 blocks in total
Current occupancy: 779 beds filled
Each unit furnished with study desks & essential appliances
Communal facilities for students’ convenience and leisure
Financial Highlights
Current Income: R3,473,054 per month (based on R4,458.35 per student)
Future Upside: Application in process for higher grading, allowing rental increase to R5,500 per student – potential monthly income of R4,284,500 at current occupancy
Annual escalation: Rental rates increase each year, further boosting returns
VAT applicable (zero-rated if purchased as a going concern)
Facilities & Amenities
Laundry facility on-site
Swimming pool for student leisure
Full security: 24-hour guards, access control & CCTV cameras
Secure study-friendly environment (desk in each unit)
Shuttle service – 3 buses included in the sale
Opportunities for New Owner
Additional upgrades could further increase demand and rental income:
Adding a tennis court
Demolishing existing carports to create more functional spaces
Expanding laundry facilities
Installing more surveillance cameras for enhanced security
Location Advantage
Strategically situated in Akasia, Pretoria, the accommodation is accredited with major institutions that pay directly for student housing. The area is in constant demand due to its proximity to tertiary institutions, transport networks, and amenities.
Investment Summary
Type: Student Accommodation Business & Property
Beds: 848 | Blocks: 21 | Apartments: 212
Current Occupancy: 779 students
Monthly Income: R3.47M (with upside to R4.28M+)
Extra Value: Includes 3 buses, accredited income streams, and VAT benefits
This is a turnkey income-generating asset with strong fundamentals and clear growth prospects.
Features
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Disclaimer
While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.