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Student Accommodation With Great Returns

Nelspruit Ext 1, Nelspruit

ZAR - 43,000,000

REF - 528307

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Property Description

Description: This well-maintained student accommodation is situated in City Centre Nelspruit and is accredited by University of Mpumalanga and is sold as a going concern with a well-managed team running the residence, bus for student transport, and is 100% occupied. The residence is in the city so is very convenient for students shopping, food and whatever they desire. THIS IS A VAT TRANSACTION. • Accredited by the University of Mpumalanga • Income paid by university • Wi-Fi • Bus to transport students to university • DSTV • Accommodates 135 students • 100% occupation • Income R6 480 000 pa • 27 Units • 27 kitchens • 27 bathrooms • Good security Details: • Erf no: 306 • Erf size: 1487mē • Rates p.m.: ą R11757.00

Agents Details

Josh Raisun

Agent

Josh Raisun

Cell

078 888 9534

Email

josh@claremart.com

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Property Details

R = Result

Area

Nelspruit

Property Type

Commercial - Block of Flats

Suburb

Nelspruit Ext 1

Reference

528307

Erf Size

1487

Residence sq M

0

Rates & Taxes

11757

Levy

0

General Accommodation

Bathrooms
27

Additional Features

  • Auto Gates

  • Braai Area

  • Breakfast Nook

  • Built-in Cupboards

  • Burglar Bars

  • Close Circuit TV

  • Garden

  • Security Doors

Comments

Notes

Property Address : 13 Jones Street Nelspruit Ext 1 Nelspruit