R 20 000 000
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Commercial space in Musgrave

100 10 1 662 m²

- Student Accommodation: 100 students

- Room Pricing: R3,500 per student per room

- Small Rooms: 100 rooms, minimum size 6sqm

- Water Costs: R2,500 - R3,000 PM/Water Source: Borehole

- Solar Geysers: Installed on 29 and 39 (assuming specific units/buildings)

- Roof Design: Engineered design, non-flat roof

- Flooring: Tiled throughout

- Water Storage: Jojo tanks

- Water Source: Borehole

This property is perfect for investors, generating a substantial R350,000 monthly income with minimal expenses, great location for students offering a lucrative and sustainable return on investment.

CHRIS AND LISA PEARSON PROPERTIES (PTY) LTD trading as RE/MAX Address (Berea) operates in terms of a franchise agreement with RE/MAX of Southern Africa.

Property details

  • Listing number T5077055
  • Property type Commercial
  • Listing date 14 May 2025
  • Land size 1 662 m²

Property features

  • Bedrooms 100
  • Bathrooms 10

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