Welcome to a prime investment opportunity nestled within walking distance of Sol Plaatje University, presenting a lucrative prospect for those keen on the student accommodation market. This meticulously crafted property boasts an array of accommodations catering to the needs of discerning tenants, ensuring a steady stream of rental income.
With 36 well-appointed bedrooms, each equipped with a basin and shower, tenants enjoy the comfort and convenience of their own private space. The shared toilets in the passage ensure practicality without compromising on individual comfort. In addition to these, the property features 2 bachelor flats, 1 spacious 1-bedroom flat, and 3 cozy 2-bedroom flats, providing diverse options to cater to varying preferences and requirements.
For added
convenience, the property includes 2 overnight rooms, ideal for short-term stays or guests. The provision of 2 Jo-jo tanks ensures consistent water supply, contributing to the seamless functioning of the establishment.
Beyond the residential accommodations, this investment gem offers additional revenue streams with 3 storerooms and a private shop, further enhancing its attractiveness to investors seeking a multifaceted income-generating asset.
Strategically located within walking distance of Sol Plaatje University and the CBD, tenants benefit from easy access to educational facilities, shopping centers, and a host of amenities. This prime location not only enhances the property's appeal but also underscores its investment potential.
With a total monthly rental income of R155,340, this property stands as a testament to an exceptional business and investment opportunity in the burgeoning student accommodation market. Seize the chance to capitalize on this thriving venture and elevate your investment portfolio to new heights. Contact us today to discover more about this remarkable opportunity and secure your stake in success.
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