New
Sole Mandate
- 22
- 6
- 520 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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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
Bedrooms | 22 |
Bathrooms | 6 |
Erf Size | 520 m2 |