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72 Bedroom House For Sale in Pietermaritzburg Central

R7 800 000

Bedroom icon 72 62 3 3561m2
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72 Bedroom House For Sale in Pietermaritzburg Central

CENTRAL PIETERMARITZBURG

Bedroom icon 72 62 3 3561m2

72 Bedroom House For Sale in Pietermaritzburg Central

CENTRAL PIETERMARITZBURG

R7 800 000

Monthly Bond Payment: R

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62 Bedroom icon 72 3 3561m2

Features

  • Open Parkings 10
  • Pool
  • Kitchen
  • Entrance Hall

Description

Situated in the CBD you will find this Property that could alleviate a huge accommodation problem especially with regards to STUDENTS.

The main house is one of those solidly built houses with huge rooms and beautiful solid wooden floors, 10 rooms with 6 bathrooms and a very big kitchen. You could easily accommodate 20 people in the Main House. There are also 3 garages that could be used. There is a pool with lots of space around it for entertaining.

Next to the main building, there is another 2-bedroom dwelling with a bathroom that could house at least 4 more people.
At the back of the Main house there are 3 separate blocks that consist of:

Block A: 3 floors with 12 bedrooms, 12 bathrooms 12 kitchens.
Block B 3 floors with 24 bedrooms, 24 bathrooms, 24 kitchens.
Block C 3 floors with 24 bedrooms, 24 bathrooms, 24 kitchens.

The rooms are big enough to accommodate 2 people per room (In the Blocks).
With 144 students that could be accommodated on this Property @ R2,200 per student (Last year’s RATES, it could be more now) you do the MATHS!

D U T has already visited the Property and has stated that once completed THEY would be interested in utilizing the Property as Student Accommodation.

IT MUST BE NOTED THAT CURRENTLY, THE ACCOMMODATION IS 95% COMPLETED. The asking price is based on what has been done up to now. If the owner completes the buildings the price might differ.

PERFECT FOR INVESTORS.

Call me now!

Henwood and Katz Real Estate (Pty) Ltd t/a RE/MAX Midlands. A franchise of RE/MAX of Southern Africa.

Monthly Costs

Calculated over 20 years at % with no deposit.

Bond Payments R
Mun. Rates & Taxes ZAR 6,038

Property Details

Web Ref RXPM-3095
Property Type House
Erf Size 3561m2
Bedrooms 72
Bathrooms 62
Garage 3

Contact Agent

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Francois Bothma

Sales Associate

RE/MAX Midlands (Pietermaritzburg)

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Enquiry about property Ref:RXPM-3095

R7 800 000

Monthly Bond Payment: R

currency bond calculator
  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR

Contact Agent

Agent profile picture

Francois Bothma

Sales Associate

RE/MAX Midlands (Pietermaritzburg)

MessageCall me back Whatsapp
Book a viewing

Contact Francois Bothma

Agent profile picture

Francois Bothma

Sales Associate


RE/MAX Midlands (Pietermaritzburg)

Show number

Show number

Enquiry about property Ref:RXPM-3095