🚀 High-Yield Student Accommodation Investment – 9.32% ROI

Makana Lodge, located at 86 Beaufort Street, Makhanda, is a premium student accommodation investment opportunity in the heart of South Africa’s leading university town. Situated just 300m from Rhodes University’s Drostdy Arch, this property is perfectly positioned for high tenant demand, stable rental income, and strong long-term growth potential.
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🏡 Property Details

• Address :86 Beaufort Street, Makhanda/ Grahamstown
  • Total Land Size: 1,200m²
  • Two Buildings:
  o Main House (228m²): 4 bedrooms, 2 bathrooms, shared living area.
  o Annex (463m²): 11 en-suite bedrooms, all NSFAS-accredited.
  • Total Capacity: 15 student tenants
  • Secure Complex: Electric fencing, controlled pedestrian & vehicle access, armed response security (Hi-Tec).
  • Amenities Included: WiFi, electricity & water, furnished rooms (bed, desk, chair, bedside table, lamp, cupboard).
  • Parking: Large open parking area with electronic gate access.
  • Additional Features:
  o Undercover leisure area – a social space enhancing tenant satisfaction.
  o 2 x 2,000L water tanks (not yet connected).

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💰 Financial Highlight

• Forecast Gross Rental Income (2024/2025): R774,150 p.a.
• Estimated Annual Expenses: R304,776 p.a.
• Forecast Net Rental Income: R489,374 p.a.
• Projected ROI: 9.32%
• Asking Price: R5.25 million
The forecast income is based on an 89.7% occupancy rate, with a reasonable 10.3% provision for vacancy loss.
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📈 Why Invest in Makana Lodge?

1. Prime Location – Always in Demand

✔ 300m from Rhodes University, ensuring a consistent student tenant base.
✔ Walking distance to shops, restaurants, and campus facilities.

2. Turnkey Investment – Proven Income & NSFAS Accreditation

✔ R774,150 annual forecast rental income.
✔ NSFAS-approved rooms provide guaranteed demand from students.
✔ Well-maintained property with a strong history of full or near-full occupancy.
3. Secure & Well-Managed Complex

✔ Electric fencing, armed response security & controlled access.
✔ Includes WiFi, water, electricity – key student requirements.

4. Growth Potential & Investor Flexibility

✔ Multiple investment strategies:
• Continue as a high-yield student rental.
• Convert to Airbnb or short-term rentals.
• Sectional title the annex rooms and sell as separate investment units.
✔ Expanding student population at Rhodes University ensures long-term rental demand.

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📞 Next Steps – Secure This Investment Today!

🔥 High interest – Don’t miss out on this rare opportunity!
✔ Request the full Investor Pack – Detailed financials, lease terms & growth potential.
✔ Book a private viewing – See firsthand why this property is an outstanding investment.
✔ Make an offer today – Enquire Now

📞 Contact us for more details!