R 20 000 000
calculate bond costs
Commercial space in Musgrave
100
10
1 662 m²
- Student Accommodation: 100 students - Room Pricing: R3,500 per student per room - Small Rooms: 100 rooms, minimum size 6sqm - Water Costs: R2,500 - R3,000 PMWater Source: Boreholeandnbsp - Solar Geysers: Installed on 29 and 39 assuming specific unitsbuildings - Roof Design: Engineered design, non-flat roof - Flooring: Tiled throughout - Water Storage: Jojo tanks - Water Source: Borehole This property is perfect for investors, generating a substantial R350,000 monthly income with minimal expenses, great location for students offering a lucrative and sustainable return on investment.
CHRIS AND LISA PEARSON PROPERTIES PTY LTD trading as REMAX Address Berea operates in terms of a franchise agreement with REMAX of Southern Africa.
Property details
- Listing number T5077055
- Property type Commercial
- Listing date 14 May 2025
- Land size 1 662 m²
Property features
- Bedrooms 100
- Bathrooms 10