HIGH TURNOVER STUDENT ACCOMMODATION FOR SALE: R 5600 000
updated on Oct 31, 2023
R 5 600 000

WEB REF: 700762

Property Summary
  • Selling Price R 5 600 000
  • Property Type House
  • Erf Size 447 m2
  • Monthly Levy R4900.00


Description

Attention to serious investors …a positive cash flow student accommodation available! URGENT SALE: OWNER RETIRING Beautiful Cozy Calm well maintained and well managed student residence. Municipal approved for student accommodation use. Located near to University of Johannesburg and Johannesburg TVET College. University of Johannesburg accredited. Fully let with NSFAS Students, 39 Single Bedrooms and 4 sharing bedrooms (Total43) * 2 Employees rooms, 5 Kitchens,10 Bathrooms,10 Parking Bays, 4 Lounges, Laundry room, Guard room, Pool/snooker room and mini Gym, Recreation areas and Braai, Fibre wi-fi with Back up battery for Load shedding, Electrical and Gas stoves, JOJO tank, DSTV cabled, CCTV cameras and Linked alarm, Fire alarm, fire hose, smoke detectors and fire extinguishers, Wall heaters in all rooms. Students love this study friendly residence. A GREAT RETURN ON INVESTMENT!! CALL ME FOR FINANCIAL BREAKDOWN

Additional Features
      Property Address

      Lorentzville, Johannesburg, Gauteng

      Contact Agent(s)

      eMail Agent(s)