- 3
- 4
- 1 180 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1985.00
Property description
Thriving student accommodation business for sale, offering 12 spacious bedrooms, each with its own ensuite bathroom.
This well-established property caters to the student demographic, providing a steady income stream. Located in a popular area for students, the business is positioned for ongoing success. Located in a popular area for students, the business is positioned for ongoing success.
Additional features include a communal lounge, a fully fitted solid oak kitchen, an outbuilding with extra bedrooms, and a double garage that has been converted into more living space.
Currently housing 24 students under a profitable 3-year NSFAS contract, this property brings in a gross monthly income of R88,000. Take advantage of this profitable venture in the lucrative student housing market.
Don’t miss out on this outstanding investment opportunity - contact me today to arrange an exclusive viewing.
Henwood and Katz Real Estate (Pty) Ltd t/a RE/MAX Midlands. A franchise of RE/MAX of Southern Africa.
Property Details
- 3 Bedrooms
- 4 Bathrooms
- 1 Lounges
- 1 Dining Area
Property Features
- Pets Allowed
- Fence
- Access Gate
- Kitchen
- Entrance Hall
- Garden
- Outbuildings
| Bedrooms | 3 |
| Bathrooms | 4 |
| Erf Size | 1 180 m2 |
