Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.

R 45 000 000

Commercial Property for Sale in White River Central

Kiepersol Street, White River Central, White River

21 000 m²
- m²: 21 000 m²
- Hectares: 2.1 ha
- Acres: 5.189 acres

NO TRANSFER DUTY

Contact Broker

Robyn Stawski

Show Contact Number

Student Accommodation pays the Investment

Agreements and contracts in place with Tertiary and University brings in an excellent income, that far exceeds the bond payment. Well managed and controlled, Financials available on request.

The property consists of 3 Blocks of 11 units each which in total houses 144 Students. There are options of double rooms sharing as well as single rooms and bathroom, plus complete kitchen. All furniture included. Rooms on the top level have balconies.

The second portion consists of double storey 6 Blocks which houses another 54 students, which has been recently built.

The 3rd portion consists of 10 blocks that can be renovated to increase the number of students. There is still approximately 1 Hectare of vacant land available to expand accommodation.

There is a large building that can be renovated into various needs, study hall, restaurant, laundry plus staff...

Listing number: P24-112735328, Image number: 1

Listing number: P24-112735328, Image number: 2

Listing number: P24-112735328, Image number: 3

Listing number: P24-112735328, Image number: 4

Listing number: P24-112735328, Image number: 5

Listing number: P24-112735328, Image number: 6

Listing number: P24-112735328, Image number: 7

Listing number: P24-112735328, Image number: 8

Listing number: P24-112735328, Image number: 9

Property Overview

Listing Number

112735328

Type of Property

Commercial Property

Street Address

Kiepersol Street, White River Central

Listing Date

02 June 2023

Erf Size

21 000 m²

No Transfer Duty

Yes

Rates and Taxes

R 16 000

External Features

Parking

Garden

Other Features

Security

Security including guard house and security gates

Special Features

Special Features 1

Tiled roof

Special Features 2

Plastered walls

Special Features 3

Aluminium windows

Special Features 4

General building features including wi-fi

Special Features 5

Palisade fence / wall boundary

Points of Interest

Bond Calculator

Monthly Repayment:

Total Once-off Costs:
(Transfer Duty Excluded)

This property has been flagged as “No Transfer Duty” by the agent/seller, we have therefore excluded a transfer duty of from the total once-off cost calculation.

Min Gross Monthly Income:

View Breakdown

What do I qualify for based on my income?

What are the bond and transfer costs?

*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.