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Student Accommodation for sale

Braamfontein, Johannesburg

ZAR - 0

REF - 106897

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Property Description

Are you an investor? Do you know that yoy can take an early retirement. Please come and view this Beautiful student accommodation which is located in vrededorp, Johannesburg which is 2km from Braamfontien and 4km from Auckland park. This property is deally located and currently houses students from Uj bunting road campus, wits university, Rosebank College, AFDAFilm school and Uj kingsway campus. This student commune has been in operation for 4 years and is currently fully tenanted with 11 students for the 2019 academic year. The monthly turnover id R28k and running costs are R8k funiture(desk, chair, beds, stove, Wi-Fi, cctv and fridge) is valued at R40k
Price includes all furniture
1. Area vrededorp, Johannesburg
2.we offer shuttle service for students (separate cpst)
3.city of Johannesburg approved land consent ude for commune
4. Cctv cameras, wi-fi and ADT installed
5.Asset value :R40 000
6. 10 Rooms (fully tenanted with 1 year lease) 2toilets,3shower and 1Garage
.staff quaters for caterker
. Running costs R8000pm
. Operating period 10 month (February to November)

Agents Details

Palesa Phillips

Agent

Palesa Phillips

Cell

078 468 6171

Email

palesap@royalhomes.co.za

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Property Details

R = Result

Area

Johannesburg

Property Type

Student Accommodation

Suburb

Braamfontein

Reference

106897

Erf Size

0

Residence sq M

0

Rates & Taxes

0

Levy

0

General Accommodation

Bedrooms
10
Bathrooms
3
Garages
1

Additional Features

  • Alarm System

  • Built-in Cupboards

  • Security Bars

Comments

Notes

Property Address : 28th street vrededorp