16 Unit income generating property situated on a 891 Square Metre Plot that is walled and secured all round.
Currently the property is used as a Student Accomodation for the Walter Sisulu University as it is along public transport route, whilst it is within the required radius for the university. The property is situated 555 Metres from the Tar Road (R61), whilst it is 115 Metres from the public transport stop. The property is situated amongst several conveniences such as local general dealers, as well as the general local economy of the area.
Each unit on the property comprises of a kitchenette with built-in cabinets and cupboards, as well as a bathroom with a toilet and a shower, built-in cupboards in the bedrooms and two beds in each unit with a designated study area.
The property is selling 95% Lock, Stock and Barrel with most of the furniture...
16 Unit income generating property situated on a 891 Square Metre Plot that is walled and secured all round.
Currently the property is used as a Student Accomodation for the Walter Sisulu University as it is along public transport route, whilst it is within the required radius for the university. The property is situated 555 Metres from the Tar Road (R61), whilst it is 115 Metres from the public transport stop. The property is situated amongst several conveniences such as local general dealers, as well as the general local economy of the area.
Each unit on the property comprises of a kitchenette with built-in cabinets and cupboards, as well as a bathroom with a toilet and a shower, built-in cupboards in the bedrooms and two beds in each unit with a designated study area.
The property is selling 95% Lock, Stock and Barrel with most of the furniture included. There is Wi-Fi infrastructure On-Site, CCTV camera with live monitoring in the security guard room.
The property may also easily be identified as a Green-Building as it comprises of a Solar Powered secondary energy source, as well as Sustainable Urban Drainage Systems. There is a Back-Up Water Tank with a pump to provide pressurised water into the buildings, even in the event of a water outage, along with a septic tank.
This property invoices a gross amount of around R 95 000.00 per month, meaning one may easily recuperate their capital investment whilst starting to enjoy their returns on investment. All Paperwork is in order. Bond is Not Applicable.