R 25 000 000
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24 Bedroom Apartment in Musgrave

24 22 1 1 230 m²

Prime Investment Opportunity [removed] 11 Unit Development on 995sqm [removed] Zoned for Student Accommodation

Discover this exclusive 11-unit development set on 995sqm of land, offering a rare blend of comfort, convenience, and potential rental income. Designed with modern living in mind, each unit boasts high-end finishes and excellent natural lighting, perfectly suited for student accommodation, with a secured 3-year lease contract with DUT females only.

Unit Breakdown:

2 x Double-Storey Units Each offering 3 bedrooms and a generous 242sqm of living space (121sqm per floor), available as shells ideal for custom finishes.

3 x Garden Units Comfortable 90sqm interiors, each with a private 40sqm garden and designated parking bay.

6 x Two-Bedroom Units Spacious 90sqm apartments featuring an en-suite main bedroom, second bedroom, family bathroom, reception area, and open-plan kitchen.

Features:

Premium porcelain tile flooring

Stylish bathrooms with walk-in showers

Fully fitted kitchens with cupboards and quartz countertops

Lift access to all levels

24-hour security for peace of mind

Prepaid electricity and water meters

This development seamlessly integrates with its surrounding urban landscape while offering residents a secure and comfortable environment.

Location Benefits:

Close proximity to top-rated schools, medical facilities, shopping malls, and places of worship ensures excellent convenience for students and long-term tenants alike.

?? Call now to arrange a private viewing appointment and secure your stake in this prime investment!

Property details

  • Listing number T4814188
  • Property type Apartment
  • Listing date 7 Oct 2024
  • Land size 1 230 m²
  • Rates and taxes R 7 000

Property features

  • Bedrooms 24
  • Bathrooms 22
  • Open parking 1

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