Student Accommodation Business Plan

Student Accommodation Business Plan-42
Related: 10 Common mistakes commercial property landlords need to avoid "Two bedroom apartments and houses in Stellenbosch are especially popular amongst parents who buy property for their children for the duration of their studies, because the second bedroom can be rented out to someone else, giving the parent an extra income.Depending on what the investor is looking to gain from the acquisition of the property, they will either decide to buy for growth or for a good rental yield."Following this route usually demands a hand-on approach, high maintenance and deterioration of the property." Seeff Potchefstroom MD, Paul Kruger, says like in Stellenbosch and Pretoria, the biggest demand in this town is also for two bedroom, two bathroom apartments.

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Another factor that tends to lead to feelings of isolation and a lack of community building is something most students are probably not aware of: living in studio apartments.

While the studio life can seem luxurious and perfect in terms of privacy (no annoying roommates to deal with!

Apparently, many Chinese students studying abroad aren’t willing to engage in community events organised by the university or accommodation providers.

This isn’t because they’re unfriendly or cold, but rather because they’re afraid to look foolish in front of their peers, according to This often leads to feelings of isolation and depression, issues that Global Student Accommodation (GSA) plans to address with its new well-being framework.

“This is especially true in the case of two-bedroom apartments and bachelor flats that are within walking distance from the University.

These two categories range in price from about R400 000 to R1,1 million with average rent for a bachelor flat at about R3,800 per month.Our research is focused on practical examples of what can be done and the benefits that joined-up action delivers for student mental well-being.Student health, physical and mental, is becoming more and more important for universities.Bachelor flats are very popular with investors for reasons such as low maintenance, high rentals, no transfer duties and a good return on your investment.Bezuidenhout warns against investing in old houses in order to turn them into student communes.Connecting with the Chinese student community was one of the major challenges faced by GSA, a long-term player in the accommodation sector, during a trial run of the framework in the UK.To solve this, GSA introduced Chinese-only events, which eventually led to bilingual events, language cafes and programs.It intends to do the following: GSA is a long-term player in the accommodation sector, designing student communities in many countries with market-leading technologies, communal spaces, mixed-use developments and advanced security systems.According to The research was conducted by Red Brick Research and commissioned by GSA, seeking to gain a better understanding of the role purpose-built student accommodation (PBSA) plays in enhancing student well-being.Half the beauty of living in a property that has been designed for students is that there is loads of activity.Students in studios don’t necessarily get to be part of the camaraderie and the community spirit in each of the flats.


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