Commercial Property for sale in Idasvallei, Stellenbosch

R3,200,000
  1. 496m²
  2. Web Ref: 1047422
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Property Features

ERF Size 496 m²
Building Size 270m²

Student Accommodation Property for Sale - Idas Valley

This Recently Renovated Investment Property just 1.6km away from Stellies is already at 75% Occupancy; with 100% Occupancy providing a Yield of Circa 12.5% [NOI of Circa R400,000 p.a]

This 10-Bed Furnished House with Original Wooden Floors Consists of:

* 5 Single Rooms (5 Beds)
* 5 Twin Rooms (10 beds)
* 2 Balconies
* NEW Communal Bathrooms with Toilets - Upstairs and Downstairs
* NEW Communal Kitchen
* Lounge Areas
* CCTV and WiFi
* Braai Area
* Landscaped Garden Area
* Security Gates with Intercom
* Parking for 3 Cars plus additional for Scooters

Included in the Price:

* Beds
* TV
* Fridges
* Washing Machine
* Tumble Dryer
* Curtains


**Approved floor plans & council permission to install a swimming pool

Contact the broker

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