Exciting Opportunity: Premium Student Accommodation Near NMU
Location: Rubin Crescent, within 1km from Nelson Mandela University (NMU) Main Campus
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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