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Student accomodation with contract
This property is currently being used to accomodate students
Newly renovated, neat and clean. Possible to accomodate 78 students
Contracted to university , Current income per month around 300k
Consists of 11 apartments, accomodating 7 to 8 students per room. Each apartment has lounge , bedrooms, kitchenette , study areas.
Situated in south beach, close to other student buildings
Close to the beach
Take note that this building is sold together with a second building , accomodating a total of 154 students @ R4500 per student. Contract with nsfas for three years and this is year one. So the total asking price is R30m
Bedrooms:
25
Bathrooms:
11
Property Overview
Listing Number
112780344
Type of Property
Apartment / Flat
Listing Date
13 June 2023
Erf Size
531 m²
Rates and Taxes
R 7 000
Rooms
Bedrooms
25
Built in cupboards, tiled floors, curtains, bed...
Bathrooms
11
shower, toilet, basin
Reception Rooms
11
Points of Interest
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