NEW
Web Ref CL47
R14,500,000
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Monthly Rates
R4,962.25
R4,962.25
Dual-Income Mixed-Use Property With NSFAS Accreditation In Germiston
Situated on a prominent corner stand in Germiston, this mixed-use investment property presents an exceptional opportunity for investors seeking exposure to the rapidly growing student accommodation sector while benefiting from established commercial rental income. Positioned just 400 metres from Ekurhuleni West College and within close proximity to Boston City Campus as well as Golden Walk Shopping Centre, the property is strategically located within one of Germiston’s key education and commercial nodes.
The property is zoned Business 1 and offers a versatile mixed-use configuration comprising ground floor retail and warehousing facilities together with fully renovated upper-floor residential student accommodation. The total land size measures 1 310sqm with a total gross lettable area of approximately 2 255sqm.
The upper level has been purpose-built and fully upgraded in accordance with NSFAS guidelines, creating a turnkey student accommodation facility ready for immediate occupation ahead of the upcoming student onboarding period commencing 15 May 2026. The accommodation component comprises 24spacious rooms ranging between approximately 24sqm and 25sqm each, configured to accommodate three students per room for a total capacity of 72beds.
Each room is fitted with Grade A student accommodation furnishings including beds, desks, chairs, lamps, shelving and cupboards. In addition, every room features its own kitchenette complete with gas hob and sink, while communal coffee stations are conveniently positioned throughout the passages. The student accommodation floor further offers two dedicated computer rooms together with balcony and communal lounge areas designed to encourage student interaction and comfortable day-to-day living.
Security and connectivity infrastructure have been comprehensively implemented throughout the property, including CCTV surveillance, access-controlled turnstile entry and a fully networked Wi-Fi system with installed access points.
The ground floor comprises a retail component together with a warehouse section currently occupied by an established auto parts business, generating across rental income of approximately R35 000 per month. The warehouse benefits from roller shutter access, enhancing functionality for logistics and commercial operations.
Additional features include:
High-visibility corner stand location
Mixed-use investment profile
NSFAS-approved student accommodation
Existing retail income stream
6 open parking bays
Strong demand drivers from nearby tertiary institutions
Fully renovated student accommodation facilities
Turnkey investment opportunity
This property offers investors the rare combination of immediate commercial income together with scalable student accommodation potential in a high-demand educational precinct.
Projected student accommodation income available on request.
Viewings are by appointment only.
The property is zoned Business 1 and offers a versatile mixed-use configuration comprising ground floor retail and warehousing facilities together with fully renovated upper-floor residential student accommodation. The total land size measures 1 310sqm with a total gross lettable area of approximately 2 255sqm.
The upper level has been purpose-built and fully upgraded in accordance with NSFAS guidelines, creating a turnkey student accommodation facility ready for immediate occupation ahead of the upcoming student onboarding period commencing 15 May 2026. The accommodation component comprises 24spacious rooms ranging between approximately 24sqm and 25sqm each, configured to accommodate three students per room for a total capacity of 72beds.
Each room is fitted with Grade A student accommodation furnishings including beds, desks, chairs, lamps, shelving and cupboards. In addition, every room features its own kitchenette complete with gas hob and sink, while communal coffee stations are conveniently positioned throughout the passages. The student accommodation floor further offers two dedicated computer rooms together with balcony and communal lounge areas designed to encourage student interaction and comfortable day-to-day living.
Security and connectivity infrastructure have been comprehensively implemented throughout the property, including CCTV surveillance, access-controlled turnstile entry and a fully networked Wi-Fi system with installed access points.
The ground floor comprises a retail component together with a warehouse section currently occupied by an established auto parts business, generating across rental income of approximately R35 000 per month. The warehouse benefits from roller shutter access, enhancing functionality for logistics and commercial operations.
Additional features include:
High-visibility corner stand location
Mixed-use investment profile
NSFAS-approved student accommodation
Existing retail income stream
6 open parking bays
Strong demand drivers from nearby tertiary institutions
Fully renovated student accommodation facilities
Turnkey investment opportunity
This property offers investors the rare combination of immediate commercial income together with scalable student accommodation potential in a high-demand educational precinct.
Projected student accommodation income available on request.
Viewings are by appointment only.
Features
Zoning
Mixed Use
Title
Freehold
Interior
Power (3 Phase)
Yes
Exterior
Security
Yes
Parking Bays
Open Parkings
6
Sizes
Floor Size
2,255m²
Land Size
1,310m²
Extras
Balcony; Built in Wardrobes; Closed Circuit TV; Security Gate
Chadd Silver
Candidate Property Practitioner Registered with PPRA(FFC 1225636) Show number View my listings WhatsApp
