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30 Bedroom house for sale in Vanderbijlpark SE 7

R5,500,000
  1. 30
  2. 12
  3. Web Ref: 1106328
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Property Features

ERF Size 951 m²
Rates R1,200
Building Size 920m²

Interior Features

30 Bedrooms
1 Lounge
Kitchen
12 Bathrooms
Security
House Levels

Exterior Features

6 Parking Spaces
Braai Facilities
Garden
Patio
Balcony
Irrigation

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!

Contact the agent

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