• 22
  • 6
  • 520 m2

Monthly Costs

Monthly Bond Repayment ZAR .

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Mun. Rates & Taxes: ZAR 2500.00

Property description

STUDENT ACCOMMODATION

This 22-room property is situated in Central, one of the student hubs in PE. It is close to all bus and taxi routes and is a 5-minute walk from downtown.

2 Plots combined - 13 and 15 HAVELOCK Street , PE CENTRAL 

Fully accredited with 3-year contract recently signed with NMBU

RES 2 BUSINESS

This opportunity is suitable for a prudent investor who is looking for a moving train. Everything is being sold lock, stock and barrel. 

INCOME - R 180 000 / MONTH

EXPENSES - R 45 000 / MONTH 

Consist of:

2 buildings

Fully furnished and equipped

45 BEDS (Remember it’s student HOUSING, we count beds not rooms)

2 kitchens 

2 lounges 

Total is 26 rooms 

18 sharing 

8 singles 

The caretaker lives on site in a self-catering suite 

Laundry room and 3 other single rooms 

Borehole 

Biometric access 

Guard room with CCTV control

Wifi

Please let me know if you have any further questions

Viewing by appointment only.

Property Details

  • 22 Bedrooms
  • 6 Bathrooms
  • 2 Lounges

Property Features

  • Alarm
  • Kitchen