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R 15 000 000

Commercial Property for Sale in Pretoria West

122 Soutter Street, Pretoria West, Pretoria

1 400 m²
- m²: 1 400 m²
- Hectares: 0.14 ha
- Acres: 0.346 acres

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Prime Investment Opportunity: High-Yield Student Accommodation-For Sale.

Attention Investors,-Unlock the potential of this exceptional 3-story residential property designed for student accommodation. This well-maintained, revenue-generating asset is an opportunity you can't afford to miss!

Key Highlights:

- 4 Student Units: Offering a comfortable and conducive living environment for students.

- Projected Full Capacity Revenue R417,000.00 – a lucrative return on investment.

- Current Occupancy: 50% capacity with a gross revenue of R208,500.00.

- Student Capacity: Accommodates up to 89 students.

- NSFAS Accredited: Ensuring reliable rental income from government-sponsored students.

- Convenient Transport: Includes shuttle services to and from TUT (Tshwane University of Technology).

- Prime Location: Close proximity to town and public transport, making it an attractive choice for students.

This property is not just an investment; it's a...

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Property Overview

Listing Number

114673676

Type of Property

Commercial Property

Street Address

122 soutter street, Pretoria West

Lifestyle

Complex, Security Complex, Student Accommodation, University/College Community

Listing Date

17 July 2024

Erf Size

1 400 m²

Levies

R 45 000

Rates and Taxes

R 2 954

Pets Allowed

Facilities

Bedrooms

Bedroom 1

Bedroom 2

Bedroom 3

Bedroom 4

Bedroom 5

Bedroom 6

Bedroom 7

Bedroom 8

Bedroom 9

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Bedroom 11

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Bedroom 18

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Bedroom 20

Bedroom 21

Bedroom 22

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Bedroom 25

Bedroom 26

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Bedroom 29

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Bedroom 31

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Bedroom 42

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Bedroom 48

Bathrooms

Kitchens

External Features

Parking

Outside Areas

Building

Standalone Building

Other Features

Security

Totally Fenced, Security Gate, Alarm System, Guard House, Safe

Nearby Public Transport

Bus

Points of Interest

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