R168,000,000

R168,000,000

Building For Sale in Heatherdale AH
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For Sale: Prime Student Accommodation Investment – Akasia, Pretoria 848 Beds 21 Blocks High Yield

Web Ref. CL396
Monthly Bond Repayment
R1,536,762.01
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

Zoning
Commercial
Interior
106 Bathrooms
Exterior
Solar
Security
Listing Info
Date Listed 18-09-25
Time Listed 07:21

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.