Land Area 303 m²
Rates R 25000
Investment opportunity to develop as student accommodation
86 apartments
50 small and 36 large
Each with own bathrooms and kitchens
Access control and secure parking
Walking distance from beach and university
GLA around 4 482 m2
Rates and taxes around R 26 000 per month
Gross income around R 3.8 million per annum
Parking currently being let hy municipality
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