Welcome to the perfect investment opportunity for student accommodation! This spacious property boasts accommodation for 17 tenants, making it an ideal choice for investors seeking lucrative returns in the thriving student housing market. Situated in a prime location, it offers convenient access to nearby universities and colleges, ensuring high demand from students year-round.
Featuring one well-equipped kitchen and four bathrooms, this property is designed to accommodate the needs of its residents comfortably. Each bedroom is fitted with pre-paid electricity, providing tenants with control over their utility usage and expenses. Additionally, the inclusion of a solar geyser ensures energy efficiency, reducing operating costs and environmental impact.
For added convenience and peace of mind, this property is equipped with a borehole and filtration system, ensuring a constant supply of clean water for residents. With the monthly rental income totaling R64,000, investors can expect substantial returns on their investment. Furthermore, the property is registered with the National Student Financial Aid Scheme (NSFAS), offering assurance of reliable rental income.
Security is paramount, and this property is equipped with CCTV surveillance and wifi connectivity, enhancing safety and convenience for both tenants and landlords alike. Don't miss out on this exceptional investment opportunity in the lucrative student accommodation market. Contact us today to schedule a viewing and secure your financial future!
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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.
