Attention Investors !!! Prime Grade A Student Accommodation Near NMU
Location: Rubin Crescent, within 1km from Nelson Mandela University (NMU) Main Campus
Property Overview: This fully accredited Grade A student accommodation offers an exceptional investment opportunity. The property is ideally located within walking distance of Nelson Mandela University, offering immediate income potential. Divided into three sections, this low-maintenance property is fully furnished and designed for long-term durability and convenience.
Property Features:
Three Separate Sections Each section includes: 5 Spacious Bedrooms 2 Bathrooms 1 Living Room 1 Fully Equipped Kitchen Total Bedrooms: 15 Low Maintenance: Face brick exterior with durable aluminum windows. Utilities: Pre-paid electricity meter Borehole water supply for cost-saving efficiency Fully Furnished: Sale includes all furniture and appliances. Student Tenants: Accommodates 12 NSFAS students and 4 cash-paying students. Financials: Available upon request. Proven income from current tenants. Additional Features:
Prime location, walking distance from NMU. Low maintenance, ideal for student accommodation. Investment Potential: This property presents a lucrative opportunity for investors seeking stable rental income. The current tenant mix ensures a steady income flow, and its proximity to NMU guarantees consistent demand.
Features
15
6
Pets Allowed
Yes
Interior
Bedrooms
15
Bathrooms
6
Kitchens
3
Reception Rooms
3
Furnished
Exterior
Carports / Parkings
4
Pool
Yes
Sizes
Floor Size
426m²
Land Size
1,020m²
Extras
ADSL • Communal Braai Area • Fibre • Freestanding • North
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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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