| Amazing Property Investment. 40 bedroom Student commune in Universitas. |
Property with a large rental income potential, likely for student accommodation or shared living spaces, given the number of bedrooms and facilities. Here's a breakdown of the property:
40 Bedrooms with cupboards, beds, and study desks in each room.
10 Bathrooms, likely shared between rooms.
2 Kitchens, potentially shared by the residents.
Utilities: Pre-paid electricity and water for each room, which helps manage utility costs.
Gas Geyser: For efficient water heating.
Security: Electrical fencing and gate control for added security.
Currently 15 Students residing at the commune, will be able to fill up 2025 via Nsfas. Possible rental Income: R184,000.00 per month, which is quite substantial.
ERF Size 1,502 m²
Building Size 500m²
Rates R3,500 per month
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Mauritz Van Den Heever
c. 0695031814
mauritz.vdheever@rawson.co.za
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