30 Bedroom house for sale in Vanderbijlpark SE 7
Web Ref: 1106328
WONDERFUL INVESTMENT OPPORTUNITY!
This is a newly built Prestigious Student Accommodation situated in SE 7 Vanderbijlpark; the most famous student accommodation hub. Here the Owner have done a thorough research on what a modern student accommodation should be like.
New rooms are extended from an already existing split level house extended with a new structure and a double storey one. This resulted into 30 luxury rooms, 3 Brand New Kitchens, 12 showers and 9 toilets and basins, and 4 x 2000L geysers. Out of all these rooms, 1 is occupied by a caretaker. Each room comes standard with a bed, cupboards, a table, and a fridge.
Rooms are currently occupied in full capacity. Contractors are finalising only five rooms which already have students waiting to move in by next week. At the current price of R 2000 per room, this building is generating an income of R 58 000 per month. A property next door charges R 2 500 per room. Therefore at this price, R 72 500 per month income is guaranteed.
This property is rezoned for Student Accommodation and a Shop/ Restaurant. Fully accredited by NSFAS.
"The taste of a pudding is in the eating". Come and view for yourself by contacting me on details below!
Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years
Our goal is to sell your property at the right price and in the shortest possible time.
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