Sonheuwel - Property Ref: f108691

Property
Description

Property Description

This fully operational student accommodation property situated at 15 Diploma Street, Sonheuwel Ext 9, Mbombela, presents a high-yield investment opportunity in a well-established residential node. The property accommodates 87 students and is currently fully let, generating high and consistent monthly income. The improvements are configured specifically for student living, offering shared facilities and operational infrastructure suited to managed accommodation. The property benefits from a steady rental base and structured monthly income, making it attractive to investors seeking predictable cash flow. Financially, the property generates a monthly income of R433,625, with controlled operating expenses of approximately R170,334, resulting in a strong monthly cash surplus of R263,291. With its strategic location and established tenant base, this asset offers immediate income with long-term sustainability in a growing student accommodation market.

Features

Fully operational student accommodation

87 Student capacity

100% Occupancy

GAI R5 203 500

Situated directly across from TUT

Contact in place for TUT for all the students 

All Women's Accommodation 

Area Description 

Sonheuwel Ext 9 is a well-established residential suburb within Mbombela, known for its accessibility and proximity to educational institutions and commercial amenities. The area supports strong residential demand and is popular among students due to its convenience and established infrastructure. Mbombela continues to experience steady growth, with increased demand for rental accommodation driven by educational and employment opportunities. Student housing remains a resilient asset class within the region.

Area Amenities

Mbombela CBD – ±3 km

Ilanga Mall – ±4 km

Riverside Mall – ±5 km

N4 Highway – ±4 km