Live and Online Multi Property Auction - 3 September 2026 @ 12:00 Midday Live Venue: 26 Melville Road, Illovo, Gordon Institute of Business Science (GIBS) Improvements: 1234sqm Gross Annual Income: R2 079 748 per annum Established student accommodation investment with proven operational performance Successfully trading for approximately 3 years Accommodates up to 49 students NSFAS accredited Consistent demand from a well-established student tenant market Live-in caretaker providing on-site management Dedicated cleaner ensuring ongoing maintenance of the facility Communal kitchens and shower facilities Outsourced campus transport service for residents Gas geyser system and electric geysers for energy-efficient hot water supply 2 Backup water tanks ensuring continuity of water supply 2 Secure vehicle access gates Accommodates both male and female students Well-maintained, income-producing asset with established operational infrastructure Excellent opportunity to acquire a turnkey student accommodation investment with strong long-term demand fundamentals Biometric system
Purchase Price POA
Building Size1234.00 m2
Type of PropertyBuilding
Last Updated07 Aug 2026
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