Property details

80

?

Beds

Baths

Garage

Parking

Rooms

Swimming Pool

Garden

Furnished

Restaurant

Pet Friendly

Alarm

Guest Rooms

Wheelchair

Wireless

Aircon

Spa

Elevator

Conference Facilities

Erf size:
21,000 m²
Energy Supplies:
Other,
Rates and Taxes:
R16,000 per month

Features

  • Tiled roof
  • Plastered walls
  • Aluminium windows
  • General building features including wi-fi
  • Palisade fence / wall boundary
  • Garden
+  see more

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 accommodation. 24 hour patrolled security and close to transport. Please call me to view this wonderful opportunity.

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Kiepersol Street, White River

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