Commercial space in Sunnyside

NEW RELEASE! INVESTOR APARTMENTS IN SUNNYSIDES STUDENT-LAND!

NO TRANSFER DUTY

AN EXCEPTIONAL PORTFOLIO OF 10 INDIVIDUAL STUDENT QUALITY RENTAL UNITS

SOUGHT AFTER LOCATION WITHIN 8Kms OF MOST TERTIARY INSTITUTIONS

ON-GOING RENTAL POPULARITY AND DEMAND

A variety of secure 37sqm 1bed apartments in a popular, well managed complex with functioning lift. Perfectly suited to mid-range student accommodation with own Kitchen, stove & Bathroom. Previously NSFS approved for student accommodation

CONDITION: Fair. Potential to upgrade or re-invent to fully equipped student pads

ACCOMMODATION: Kitchen, Bathroom, divided Living Bedroom space with BICs

ACCOMMODATES: 2 Students per unit.

UTILITIES: Electricity: Pre-paid.

Water: monitored system ensures efficient, consistent measured monthly consumption

RENTAL: Potential R2200 R3000bed excluding utilities & WiFi. Profitable ROI will depend upon the quality of accommodation on offer

LOCATION: Convenient proximity to shopping centres, Sunnypark Mall garages, schools, medical centres and public transport

SUITABLE FOR NSFS AFFILLIATION

STATUS: Vacant

MANAGEMENT: Well run building prioritising security and tenant safety. Established Managing Agent. Financials Conduct Rules available

TRANSFER DUTY: Individual units do not attract Transfer duty being below the SARS Transfer Duty price threshold

VIEWING: APPOINTMENT ONLY

AN ADDITIONAL 50 UNITS ARE AVAILABLE POA

SERIOUS SELLER ASKING R3 400 000 FOR IST 10 - . Will negotiate threafter. .

CONTACT AND VIEW NOW - opportunities like this are snapped up quickly

NOTE: To assist with understanding the potential of this investment, some images are stagedAI enhanced to indicate potential or to remove unwanted items