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R 30 000 000

Commercial Property for Sale in Kingsview Ext 1

Kingsview Ext 1, White River
  • Gross Lettable Area 4 952 m²
FULLY LET STUDENT ACCOMMODATION WITH A NET PROFIT OF OVER 7 MILLION rand PA IN THE CRUX OF MPUMALANGA

Nestled in White River only a half hour drive from the Numbi Gate of the Kruger National Park. With proximity to express routes, this jaw dropping leafy suburbia with main attractions like the Blyde River Canton and God’s Window, two of South Africa’s popular tourist attractions. The node lies ± 95 kilometres to the West of Mozambique’s border post. is ideal for a serious investor, hence we are calling on all investors with a keen eye for a self-propelled, plug and play deal with a Guaranteed High Net Operating Income!

Housing 198 Bursary Students, this five block double storey with 118 rooms is accredited by TUT & NFSAS so you don’t have to hustle. Boasting a longstanding lease agreement with TUT & NFSAS and is sold as a going concern. Buyer takes all!

White River is only a half hour drive from the Numbi Gate of the Kruger National Park and is on the road to...

Nestled in White River only a half hour drive from the Numbi Gate of the Kruger National Park. With proximity to express routes, this jaw dropping leafy suburbia with main attractions like the Blyde River Canton and God’s Window, two of South Africa’s popular tourist attractions. The node lies ± 95 kilometres to the West of Mozambique’s border post. is ideal for a serious investor, hence we are calling on all investors with a keen eye for a self-propelled, plug and play deal with a Guaranteed High Net Operating Income!

Housing 198 Bursary Students, this five block double storey with 118 rooms is accredited by TUT & NFSAS so you don’t have to hustle. Boasting a longstanding lease agreement with TUT & NFSAS and is sold as a going concern. Buyer takes all!

White River is only a half hour drive from the Numbi Gate of the Kruger National Park and is on the road to both Blyde River Canyon and God’s Window, two of South Africa’s popular tourist attractions. The node lies ± 95 kilometres to the West of Mozambique’s border post.

THIS STUDENT HOUSING/COMPLEX VAUNTS THE FOLLOWING:

Zoning: Residential 3

ERF: 2.1806ha (21 806 sqm)

GLA: 4 952 sqm

Laundromat services

Perimeter comprises of a steel palisade fence and is partially walled

Remote controlled gate, electric fence, guard room and on duty 24-hour security guards Study Hall

Caretaker’s house

CCTV Cameras

DSTV

Ample parking for students and visitors

NB: The property is built on two erven with the land size of 2.1806ha. The property has bulk land enough to double the current GLA and Revenue due to the high demand from surrounding Universities.

More information will be shared only with motivated and pre-qualified buyers, call us for an exclusive tour!

Listing number: P24-112677443, Image number: 1
Listing number: P24-112677443, Image number: 2
Listing number: P24-112677443, Image number: 3
Listing number: P24-112677443, Image number: 4
Listing number: P24-112677443, Image number: 5
Listing number: P24-112677443, Image number: 6
Listing number: P24-112677443, Image number: 7
Listing number: P24-112677443, Image number: 8
Listing number: P24-112677443, Image number: 9
Property Overview
Listing Number
112677443
Type of Property
Commercial Property
Listing Date
18 May 2023
Availability Date
12 July 2024
Erf Size
21 806 m²
Bedrooms
40
Bathrooms
40
Board Rooms
1
Gross Lettable Area
4952 m²
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