Great Investment Opportunity - NFSAS accredited Student Accommodation
Discover a remarkable investment opportunity, offering 13 carefully designed accommodations tailored for student living. This property features a variety of housing options including single rooms, sharing rooms, and three exclusive rooms with private bathrooms, accommodating different preferences and budgets. Residents have access to a communal kitchen equipped with essential appliances such as a stove and fridge, facilitating convenient meal preparation and fostering a sense of community among tenants. Additionally, a communal washing machine is provided for residents' laundry needs, promoting hassle-free living. A shared braai area is available for residents to enjoy outdoor gatherings and relaxation, enhancing the overall living experience. The property boasts a fully functional borehole with a sophisticated filtration system, meeting the requirements set by NFSAS (National Student Financial Aid Scheme).
This property presents an attractive investment opportunity with a lucrative rental income of R51,000 per month. Its prime location and well-appointed facilities make it a sought-after choice among students, ensuring a steady stream of rental revenue for the investor. With a high demand for student housing in the area, this property offers a reliable and stable rental income stream for the investor.
Contact us today to schedule a viewing and secure your stake in this lucrative venture!
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
