Fantastic opportunity for an investor, an established block of flats 34 units with a long term lease agreement from TUT paid directly by NSFAS to the current owners/directors of the prestigious building. Excellent condition completed in 2019.
Building:
34 units
30 (2) bedroom units
4 (1) bedroom units
HEAT BUMP GEYSER SOLUTION
Ample parking for vehicles inside
Excellent security biometric access gates
CCTV camera''s installed around the building
Fully furnished with all the basics
Washing laundry room for students
Only 19 km from the main campus
Fibre ready
Can be purchased as a going concern.
Financial and audited financial statements available only to serious buyers.
2 bedroom units - 4 students occupy
1 bedroom units - 2 students occupy
Remarkable monthly income directly paid by NSFAS (figures available to serious buyers)
Audited financials available, overheads versus final profit margins available to serious potential buyers
24/hr security
Full time Caretaker on premises
Organised bus services for all students to travel to campus daily
Fully occupied premises with a waiting list of students and parents for accommodation
Contact us to organise a viewing. Opportunity of a life time for the right buyer investor group.
Key Property Features
Contact Agent
Need a home loan?
