Commercial Property in Musgrave For Sale

Loading...

Description

100 Rooms Student Accomodation

- Student Accommodation: 100 students

- Room Pricing: R3,500 per student per room

- Small Rooms: 100 rooms, minimum size 6sqm

- Water Costs: R2,500 - R3,000 PM/Water Source: Borehole 

- Solar Geysers: Installed on 29 and 39 (assuming specific units/buildings)

- Roof Design: Engineered design, non-flat roof

- Flooring: Tiled throughout

- Water Storage: Jojo tanks

- Water Source: Borehole

This property is perfect for investors, generating a substantial R350,000 monthly income with minimal expenses, great location for students offering a lucrative and sustainable return on investment.

CHRIS AND LISA PEARSON PROPERTIES (PTY) LTD trading as REMAX Address (Berea) operates in terms of a franchise agreement with REMAX of Southern Africa.

Barrett Pearson
Barrett Pearson
REMAX Address (Berea)
Team Leader
Show mobile number
Show business number
Email
WhatsAppwhatsapp logo
Subject
office logo
CHRIS AND LISA PEARSON PROPERTIES (PTY) LTD trading as REMAX Address (Berea) operates in terms of a franchise agreement with REMAX of Southern Africa.