Currently accommodating 82 Walter Sisulu University students, this 16 unit commercial property is an investors lucky charm generating approximately R287 000.00 per month.
Whether it's apartments for residential accommodation, a hotel, office spaces or you wish to continue accommodating students, the location of this property is what makes it so versatile in it's functionality with little to no extra costs. Shopping malls, schools, clinics and hospitals are all conveniently within a 1km radius of the property. With ample parking space available, any changes made to the current functionality of the property will have no negative effect on the required parking space.
16 UNITS IN TOTAL UNDER ROOF
-1 x 5 Bedroom Unit
-1 x 1 Bedroom Unit
-7 x 3 Bedroom Units
-7 x 2 Bedroom Units
OUTSIDE
-2 x 5000L Water Tanks
-80Kw Back Up Generator
-Carport Parking For 7 Vehicles
-Laundry Room With 4 Washing Machine
-Study Area Accommodating 20 Students At Once