Business Opportunity: Student Accommodation- To Let
Ready to occupy student accommodation: TO LET!!!
This fully functional student accommodation is available for let, offering 9 bedrooms that accommodate 2 students per room, 5 bathrooms, a TV room, study, backup tank, generator plug point, and a guard room. Furniture, some appliances, and bedding are included in the rent.
This business opportunity is ideal for someone with a contract but looking for more space, a business person who just got an accommodation contract, someone looking to venture into the hostel space, or someone looking to venture into the accommodation space, whichever direction they choose to embark on.
Tutu Ndamase Avenue, which provides easy and smooth access to town, is a short distance from the property. A number of amenities such as churches and schools are within a 2km radius from the property.
The tenant will be responsible for water, general maintenance, and security. The landlord will be responsible for municipal rates.
The property is zoned for business.
The landlord is happy to accept a long lease with a right of first refusal clause included in the lease if the landlord opts to sell.
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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.
