Investment Opportunity: +/- 122 Students Accommodation
Site Extent: +/- 9 339 sqm | GBA: +/- 2 500 sqm | Currently 118 Students – NSFAS Lease in place | Current Gross Annual Income: +/- R4.3 Million | Potential Fully Occupied: +/- R4.5 Million | 59 Accommodation rooms, staff accommodation, TV room, study room, catering kitchens, pool and entertainment facilities | Positioned adjacent to SPAR and Kingfisher Square Shopping Centre | Ample land for further development | Ideal for hospitality uses, retirement village, step down facility, multiple residential – Municipal approval required