At present the average cost of a student bed for purpose built accommodation, adjacent to universities in South Africa, is R900 000 per bed.
A Launch special is available for cash investors
An average price of purpose built a student bed close to a University in South Africa varies between R600 000 – R1 200 000 per bed. (Average price R900 000 per bed) with a potential rental income between R3500 – R7500 per month.)
Rental income and purchase price of student accommodation can vary dramatically due to proximity, finishing and services included in housing developments, but the main reason prices are so high is because of high demand.
Phase 1 is selling at 20% under market value.