R 5 000 000
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29 Bedroom House in Port Elizabeth Central
29
10
CALLING ALL INVESTORS : ESTABLISHED STUDENT ACCOMMODATION FULLY ACCREDITED WITH NSFAS
43 x Student beds female only
Projected monthly income R167 136.50
Operational expenses R83 940.71
Net Income R83 195.79 Monthly
Cap Rate of 16.64
Floor space 628sqm
Zoning Residential 3
Accredited with NSFAS since January 2017
3 x 5000L water tanks with pump connected to the property.
The information provided is believed to be true and correct but does not form part of any agreement
Property details
- Listing number T5518341
- Property type House
- Listing date 11 Jun 2026
- Rates and taxes R 2 870
Property features
- Bedrooms 29
- Bathrooms 10
- Lounges 1
- Security post