24 Bedroom House in Southernwood

R 6 500 000

Xoliswa Tini

Xoliswa Tini Properties

24 Bedroom House in Southernwood

R 6 500 000

3 gardens street
Can I afford this?
24 Beds
12 Baths
12 Garages
Land Area 800 m²
Rates R 3237970

Well situated and maintained block of flats close to Walter Sisulu University , Fort hare university, Buffalo City FET college , Southernwood Spar supermarket and shopping mall , closer to St Dominic hospital , It is also accessible to all forms of public transport. Each flat is easily convertible to house a maximum of six students with , communal kitchen and two. Current income is R636 000,00 p.a , rates and taxes are R 32 380, 00 .maintenance is R 2000,00. That is only for the current use , can you imagine what will happen after you have done conversion !! There are 12 fully operational garages which can be converted to bachelor flats , computer , entertainment and laundry facility for students. Students always need storage when school term come to an end , that could be rented out for that purpose as well. When school term ends units can be rented out to holiday makers or used as a backpacker during festive season. why wait grab this opportunity !!

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Key Property Features

24
Bedrooms
12
Bathrooms
12
Dining Areas
12
Garages
12
Lounges
Alarm
Balcony
Flatlets
Furnished
Garden
Kitchen
Laundry
Staff Quarters

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Xoliswa Tini

Xoliswa

Tini

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Experience East London

East London, Oos-Londen, eMonti. It is a one-of-a-kind, beautiful, diverse city that lies between the Nahoon and Buffalo Rivers, that lead up to the warm Indian Ocean. East London’s economy is built on its industrial centre, which is the second largest in the Eastern Cape, and is recognised for its motor industry. It is also known as the business hub of the Transkei area, with many daily commuters coming in and out for work. Over the weekend you can put your feet up and relax, as just around the corner from the hustle and bustle lies the magnificent East Coast. With camping, game drives and a wide selection of holiday resorts along the beaches, there are endless adventures waiting to be discovered.

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Similar Property for Sale in Southernwood

24 Bedroom House in Southernwood

R 6 500 000

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