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Investment Opportunity in Summerstrand
Not to be missed student accommodation opportunity within walking distance to Nelson Mandela University. This 9 bedroom house comfortably accommodates 16 students. The property is a fully functional student accommodation and is being sold lock stock and barrel.
This opportunity is a lucrative investment, especially considering its consistent full capacity occupancy and accreditation history.
The property accommodates cash paying students as well as other bursaries. It is accreditation ready and was at one point accredited as a grade B accommodation by Nelson Mandela University.
The amenities such as the borehole, electric fence, electric gate, and CCTV surveillance add extra value and security.
Bedrooms:
9
Bathrooms:
4.5
Furnished
Pool
Flatlet
Garden
Property Overview
Listing Number
114152635
Type of Property
House
Description
Freestanding
Listing Date
16 March 2024
Erf Size
953 m²
Floor Size
250 m²
Rates and Taxes
R 3 500
Furnished
Yes
Rooms
Bedrooms
9
Bathrooms
4.5
Kitchens
2
External Features
Garden
Yes
Pool
Yes
Other Features
Flatlet
Yes
Points of Interest
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