Student Accommodation Business Plan

Student Accommodation Business Plan-60
Seeff Pretoria East agent, Pieter Bezuidenhout, says that the demand for student housing close to the University of Pretoria has reached an all-time high and is consistently outstripping the supply."As a result, prices remain high,” says Bezuidenhout.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.

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The global framework and deliverables remain constant in all countries involved, and the residence teams will receive training and implement flexible event schedules specially-tailored to local student markets.

Hartshorne said, “80 percent of National Student Housing Survey respondents in the UK said their accommodation has a direct impact on their overall sense of well-being.

Many have designed or renovated their campuses with this in mind, offering more recreational activities, community events and counselling services.

Nicholas Porter, chairman of GSA said,“Our student residents are now Gen Z, a generation which continues to wow the world with its conscientious, politically and socially aware approach, its determination to make the world a better place and a keen eye for fairness and value for money.

Prospective buyers need to do comprehensive research on specific areas and apartment blocks to narrow down their search before entering the market.

Jacques Becker, Seeff agent in Stellenbosch, says that the student housing market in Stellenbosch has always been a very captive market and that investing in property here is a very good investment, especially when a property is close to campus.

“[We should] make sure that we are not only building good buildings but we are also thinking about what the service standard and the care package looks like.” GSA is launching this nine-pillar framework after it’s successful run in the UK.

It offers residents a broad variety of locally-relevant activities, between four and eight a month organised by residential assistants.

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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