Sign up for our newsletter

Be the first to know about upcoming Auctions.

Please complete required fields.
Please enter a valid email address.

Time to next auction

0
:
0
:
0
:
0

Back to Blogs

Blog
Student Accommodation – What’s all the hype about?

Student Accommodation is a buzzword in the property world...

Posted: 01 April 2019

Mention student accommodation to any serious property investor and their ears will pick up. Over the past 5 years or so demand for this property class has been exceptionally high due to the fact that student accommodation located within close proximity to major Universities offers investors a solid investment with a reliable return.

Student accommodation may be leased out to a University typically over 10 months of the year or directly with the students themselves. Each approach has its pro’s and cons however in both instances it is necessary to be a certified supplier of student accommodation with minimum standards being met.

Due to a shortage of quality student accommodation in many regions across South Africa, demand for space often outstrips supply resulting in very low vacancies in suitable buildings.

One of the major benefits of operating a student accommodation facility is that the potential rental one can achieve per room is often much higher than for the equivalent room in a normal residential building. Rental is charged per student and an average student accommodation room can fit up to 4 students in a room.

It is no wonder why listed property funds and private investors alike are clamoring to acquire quality student accommodation in major city centers.

Recent Blogs

Johannesburg’s Auction Nostalgia by The Auction Doyen

The late 1950’s As a seasoned auctioneer with more than 60 years in the industry there is nothing more remarkable than how the oldest commercial sales platform has changed over the period of my tenure. In 1959 Johannesburg was but a glimmer of what it is today, but somehow everyone was a lot more trustworthy. Even the largest auction...

23 August 2019

Read More

Selling Property By Auction

Auction is considered to be a mainstream sales platform in first world countries, such as in Australia where nearly 85% of second-hand residential properties are traded on the auction floor, or in the USA where an auction company can sell up to 5000 properties on a single day. The benefits of selling a property via auction as opposed to the...

13 August 2019

Read More

Sign up for our newsletter

Be the first to know about upcoming Auctions.

Please complete required fields.
Please enter a valid email address.

Copyright 2019 AuctionInc