Bidding to start from R1, 500, 000 | Live Auction: 04 February 2026!

This property comprises a purpose-built student accommodation facility located on Erf 3835, Soshanguve L Extension 1. The asset is maintained in good overall condition, with regular upkeep and ad-hoc maintenance ensuring the buildings remain functional, presentable, and tenant-ready. Fully tenanted and NSFAS-accredited, the property generates a stable gross annual income of R1,710,000, offering a reliable income stream with minimal operational requirements. The facility includes two communal kitchens designed to support student living, while first-floor doors are fitted with security gates to enhance safety and access control.

The interior has been fully painted and features durable concrete slab flooring throughout all rooms and hallways. Ceilings are finished in white, creating a bright and uniform living environment. Its strategic location provides excellent connectivity, situated 1.3 km from TUT Soshanguve South Campus and close to major routes linking Soshanguve and Pretoria, making it highly convenient for students.

With approximately 500 m² of GLA on a 300 m² erf, the property presents a well-maintained, income-producing asset suitable for investors seeking long-term exposure to the student accommodation sector. It is fully operational, tenant-ready, and positioned within an established residential and educational precinct.

Key Features:

• Gross annual income: R1,710,000

• NSFAS-accredited student housing investment

• Two communal kitchens supporting student living

• Fully painted with concrete slab flooring and white ceilings

• First-floor doors fitted with security gates

• 1.3 km from TUT Soshanguve South Campus

• Close to major local routes linking Soshanguve and Pretoria

• Erf Extent: 300 m² | GLA: 500 m² | VAT Registered: No

• Municipality: City of Tshwane | Monthly Rates: R621.16

Auction Terms & Buyer Information:

• Opening bid: R1, 500, 000

• Buyer Costs: 16.5% on auction day (10% commission + VAT + 5% deposit)

• Registration Fee: R50,000 (live bidders) | R100,000 (online/telephonic bidders)

All bids constitute a legally binding offer. The highest bidder must sign the Auction Sale Agreement immediately on the fall of the hammer. The sale is subject to a reserve price unless stated and is sold voetstoots, with bidders required to submit valid FICA documents prior to registration.

1 property listing in Soshanguve Aa, Gauteng.

R 1 500 000

500 m²