Property Overview:
This expansive property features 13 well-maintained and fully furnished bedrooms, offering a range of accommodations that can house up to 18 students when fully occupied.
**Room Details:**
- **Two Self-Contained Double Rooms:** R 3800.00 per person
- **One Double Room with Shared Bathroom:** R 3600.00 per person
- **Ten Single Rooms:** R 44 000
**Financial Highlights:**
- **Total Monthly Rental Income:** R 60,000.00
- **Annual Non-Refundable Administration Fee:** R 1700.00 per student, generating an additional R 27,000.00 annually
**Property Features:**
- Fully furnished rooms with either tiled or laminated floors for easy upkeep
- Cozy and inviting atmosphere conducive to a positive living and learning environment
- Well-equipped kitchen with built-in cupboards, refrigerator, and washing machine
**Additional...
Property Overview:
This expansive property features 13 well-maintained and fully furnished bedrooms, offering a range of accommodations that can house up to 18 students when fully occupied.
**Room Details:**
- **Two Self-Contained Double Rooms:** R 3800.00 per person
- **One Double Room with Shared Bathroom:** R 3600.00 per person
- **Ten Single Rooms:** R 44 000
**Financial Highlights:**
- **Total Monthly Rental Income:** R 60,000.00
- **Annual Non-Refundable Administration Fee:** R 1700.00 per student, generating an additional R 27,000.00 annually
**Property Features:**
- Fully furnished rooms with either tiled or laminated floors for easy upkeep
- Cozy and inviting atmosphere conducive to a positive living and learning environment
- Well-equipped kitchen with built-in cupboards, refrigerator, and washing machine
**Additional Information:**
To ensure affordability for students, we minimize expenses and charge a non-refundable administration fee to address wear and tear on the property. This helps maintain the property in excellent condition for all occupants.
**Seller's Commitment:**
The seller is dedicated to creating a homely space that students can genuinely consider their own. Don't miss this incredible opportunity. All necessary documentation will be provided upon a successful offer.
**Compliance:**
The property has received the required consent for use in accordance with UFS, MMM, and Nsfas standards.
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This property is a fantastic investment opportunity, offering a stable income and a well-maintained living space for students. If you have any questions or need further details, feel free to ask!