R 23,000,000

R 23,000,000

Unprecedented Sunnyside Apartment building For Sale Unrivalled Space
30
Bedrooms
20
Bathrooms
Active

Unprecedented Sunnyside Apartment building For Sale Unrivalled Space

Web Ref. MPLS-8899
Land size 1121 m²
Floor size 3200 m²
Monthly Bond Repayment
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This Exceptional investment opportunity of 33 of the 40 units within a student accommodation complex offering near full control of the building. The units comprise of one, two and three bedroom units giving a total of 68 lettable rooms with two beds per room.

The property is NSFAS approved, professionally fitted for student living and delivers a stron, proven return on investment. Each room accomodates two students per room with rentals structured per bed ensuring optmal income generation.

The building features excellent communal facilities including dedicated study rooms, a large fully gas equiped kitchen for use during load shedding, and a spacious entertainment and lounge area, all designed to meet the needs of modern student living.

A further value add is the inclusion of a dedicated transport bus, providing regular and reliable transport to and from nearby universities and colleges.

Features

Property Type Apartment
Listing Purpose Sale
Municipal Rates R 8762
Pet Friendly Yes
Occupation On Transfer
Year Built 1980
Floor Size 3200 m²
Total Floors 6
Furnished Yes
Property Tags
Ground Floor First Floor Second floor and above Third Floor Top Floor Student Accommodation North Concrete Roof Options Architect Designed Brick Plaster

Rooms

Bedrooms 30

68 Bedrooms

Bathrooms 20

33 Bathrooms

Kitchen 10

Thirty three kitchens

Domestic Rooms 5
Study Rooms 3
Domestic Bathrooms 5
Outside Toilets 2
Lounges 30

Amenities

Parking Spaces 40

Under Cover

Stove/Oven
Undercounter Oven

Amenities

Family Tv Room Laundry Staff Water Tank Borehole Built in Cupboards Furnished Fibre Alarm Beams Cameras Electric Fencing Security Gates Remote Access Secure Parking Covered Parkings

Disclaimer

While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.