±1394 SQM Residential Student Accommodation Investment Property
Situated at 13 Angel Street, Kimberley.
This investment Income property has been converted into 19 Bachelor flatlets and 1 one bedroom flatlet. Property is situated in close proximity of University, ideal for student accommodation, and good potential for sectional title scheme. Very popular rental units.
The property has 2 Main electricity meters for common areas and each unit has its own prepaid meter. One water meter for the entire property and costs are shared between the tenants.
Property is Zoned: Suburban Business
Primary uses: Business Premises, Block of Flats & Residential, Buildings above ground floor, Licensed Hotels, Places of Assembly & Institutional Buildings
Consent uses: Public Garage, Public Worship, Place of Instruction, Putting Courses & Drive -in Restaurants
The...
±1394 SQM Residential Student Accommodation Investment Property
Situated at 13 Angel Street, Kimberley.
This investment Income property has been converted into 19 Bachelor flatlets and 1 one bedroom flatlet. Property is situated in close proximity of University, ideal for student accommodation, and good potential for sectional title scheme. Very popular rental units.
The property has 2 Main electricity meters for common areas and each unit has its own prepaid meter. One water meter for the entire property and costs are shared between the tenants.
Property is Zoned: Suburban Business
Primary uses: Business Premises, Block of Flats & Residential, Buildings above ground floor, Licensed Hotels, Places of Assembly & Institutional Buildings
Consent uses: Public Garage, Public Worship, Place of Instruction, Putting Courses & Drive -in Restaurants
The property currently generates an investment / rental income of ±R70,900 p/m