Property description

This exceptional mixed-use investment property offers a rare opportunity to acquire a fully NSFAS-registered student accommodation asset with established commercial income streams, ideally positioned on Govan Mbeki Avenue in central Gqeberha.

The residential component comprises 95 rental rooms, configured in apartment-style layouts including single, double, and triple sleeper units. Unit sizes range from approximately 22 sqm to 55 sqm, allowing for efficient occupancy while providing comfortable student living. The property also features a dedicated communal laundry facility of approximately 80 sqm with a shared TV lounge area.

The property is fully accredited for NSFAS-funded accommodation, ensuring consistent demand and long-term rental stability within a well-established student node.

Complementing the residential income, the property includes four retail units measuring approximately 48 sqm, 64 sqm, 80 sqm, and 32 sqm respectively, as well as additional ancillary income-generating premises including laundry and service facilities.

A substantial warehouse of approximately 750 sqm forms part of the property, offering excellent potential for storage, logistics, or additional commercial rental income.

The property benefits from access control and comprehensive CCTV surveillance, providing a secure environment for both residential and commercial occupants. In addition, there are 12 on-site parking bays.

Situated along a major transport route and within close proximity to universities, colleges, and the CBD, the property enjoys strong and consistent demand from both student and commercial tenants.

This is a well-established, diversified income-generating asset ideally suited to investors seeking stable returns and long-term growth potential.

Viewings by appointment only.