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R25,000 pm

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Price per m²
R118 Excl. VAT
Lease Period
48 months
Availability
Immediately
Deposit
R25,000
Annual Escalation
10 %
Lease Includes
Municipal rates
Lease Excludes
Electricity, water and security

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.

Features

0
0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
211m²
Land Size
375m²
Extras
24 Hour Access • Accommodation • Air Conditioner • Alarm System • Basin • Bath Toiletand Basin • Curtain Rails • Ground Floor • Guest Toilet • Oven & Hob • Wendy House • Totally Fenced

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20_ce116a1cda86479499990c62521c145a.jpg0 bytes

Ikwezi, Mthatha

Introduction Welcome to the city of Mthatha, located in the Eastern Cape province of South Africa. Vibrant culture, historical importance and modern facilities make for a unique combination in Mthatha. Whether you intend to permanently stay or are just making a short visit, Mthatha has a friendly atmosphere with numerous activities and attractions. A brief history of the area Mthatha was previously...
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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.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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Expenses

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Joint Available Income
 

MONTHLY REPAYMENTS

 

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