Exceptional Grade B Student Accommodation Investment with Full Accreditation
This fully accredited Grade B student accommodation, ideally situated within walking distance of Nelson Mandela University, presents an exceptional investment opportunity with immediate income potential. The property is designed for low maintenance and durability, standing on a spacious erf with potential for future expansion if desired.
Student Tenant Overview:
Accommodates 7 NSFAS-supported students and 2 private, cash-paying students. Financials: Proven income statements from current tenants available upon request. Additional Features:
Prime Location: Just minutes from NMU, ensuring consistent student demand. Large Garden Area: Includes a partially enclosed entertainment/braai space and additional parking for several cars if needed. Investment Potential This property is ideal for investors seeking reliable rental income. With its established tenant mix and close proximity to NMU, it ensures a stable and ongoing revenue stream.
Property Features & Amenities:
Accommodation: 9 bedrooms, 3 bathrooms Kitchens: 2 (one full kitchen and one kitchenette) Living Space: Large living room opening out to the entertainment area
Gqeberha boasts some of the cleanest and safest city beaches in South Africa. More than 40 kilometers of sun-splashed sand, rims the coast along Algoa Bay. Hobie, Humewood and the Blue Flag King's Beach, are a few of the beautiful beaches adorning our beautiful area.
The new Boardwalk development is the latest attraction for locals and visitors alike. It comprises a casino, 140 key 5-Star Boardwalk Hotel,...
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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.
