SARM Residency

SARM Residency

The development entails purchasing, refurbishing and developing a 4984 m2 property of 150 two-bedroom units into a student accommodation with 648 beds. The design concept is based on a modern design to accommodate four students sharing a two bedroom, fully furnished and self-contained apartment as per student accommodation accreditation guidelines.

Additional Details
Location Wonderboom South
Expected average annual return 25%
Minimum investment R 500 000
Maximum investment R 18 000 000
Money raised by TJC to date R 20 000 000
Estimated capital cost R 100 673 240
Projected future business valuation R 284 838 543
Number of Students 648 beds
Project Owner SARM Properties

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