R 3 300 000 | apartment block property for sale in karino

Property Description

Exceptional Student Accommodation Investment – Tekwana Farm, Nelspruit This 9-bedroom student accommodation property offers a prime investment opportunity in the heart of Nelspruit. Designed to comfortably accommodate 17 students, all funded through NSFAS, the property guarantees consistent occupancy and reliable income. Currently generating an impressive monthly profit of R64,000, this well-managed property is ideal for investors seeking steady returns in the ever-growing student housing market. With strong demand for quality accommodation in the area, this property not only provides excellent cash flow but also long-term value growth. The land offers additional space for further development, providing the opportunity to build more student units and increase rental income Key Features: 9 spacious bedrooms Accommodates 17 NSFAS-funded students Monthly profit: R64,000 Located in the sought-after Tekwana Farm, Nelspruit Perfect for investors seeking high-yield opportunities


Property Details

Purchase Price R 3 300 000

Building Size226.00 m2

Type of PropertyApartment Block

Land Size1000.00 m2

Last Updated19 Jun 2026

Property Location

Similar Property in nearby suburbs

Agent

Lapo Medupe

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