"'m looking for a big spender"
Student Accommodation for sale
Are you an investor? Do you know that you can take an early retirement. Please come and view this Beautiful student Accommodation which is located in vrededorp, Johannesburg which is 2km from Braamfontien and 4km from Auckland park. This property is deally located and currently houses students from Uj bunting road campus, wits university, Rosebank College, AFDAFilm school and Uj Kingsway campus. This student commune has been in operation for 4years andis currently fully tenanted with 11 students for the 2019 academic year. The monthly turnover is R28k and the running costs are R8k furniture (desk, chairs, beds, stove, wifi, cctv, and fridge) is valued at R40k
Price includes all furniture
1.Area vredorp, Johannesburg
2.we offer shuttles services for students (separate cost)
3.city of Johannesburg approved land consent use for commune
4.cctv cameras, wi-fi and ADT installed
5.Asset value:R40 000
6.10 Rooms (fully tenated with 1 yearleases) 2 Toilet, 3 showers and 1 Garage
. Staff quarters for caretaker
. Running costs R8000 pm
. Operating period 10 months (February to November)
- R1 285 000
- 10 Bedrooms
- 3.0 Bathrooms
- Staff Quarters
- Student Residence
- 0 Living Room/s
- Garage for 1 car/s
- Outside Parking for 0 car/s
Palesa PhillipsRoyal Homes
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