Property description

Exclusive Mandate

Commercial Student Accommodation Investment Opportunity. 

This exceptional property comprises 10 bachelor apartments, a one-bedroom apartment and a two-bedroom apartment, each of which may be sold individually or as part of a bulk purchase. The property is rezoned as Res 3 with commercial rights, offering flexibility for investors to acquire selected units or the entire development. Every apartment has its own title deed.

Set on a spacious 1,428 m² stand, the property features extensive paving, a large swimming pool, a built-in braai area, and 14 shade-net carports, ensuring ample parking for tenants.

Each of the 10 bachelor units includes an open-plan living and bedroom area, a kitchen, and a bathroom. The units vary in size, providing a range of accommodation options. Detailed rental income figures per unit are available upon request for serious buyers. There is a one-bedroom apartment, and two-bedroom apartment as well. There are in total 13 pre-paid meters, 12 in the apartments and one in the laundry room.

This is a prime investment opportunity, ideally suited for those seeking to expand their property portfolio within the student accommodation market.