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Student Accommodation With Great Returns
updated on Oct 13, 2021
R 43 000 000

WEB REF: 528307

  • Price R 43 000 000
  • LocationNelspruit, Nelspruit Ext 1
  • Property TypeCommercial - Block of Flats
  • Erf Size1487 m2
  • Rates & Taxes R 11757

Description: This well-maintained student accommodation is situated in City Centre Nelspruit and is accredited by University of Mpumalanga and is sold as a going concern with a well-managed team running the residence, bus for student transport, and is 100% occupied. The residence is in the city so is very convenient for students shopping, food and whatever they desire. THIS IS A VAT TRANSACTION. • Accredited by the University of Mpumalanga • Income paid by university • Wi-Fi • Bus to transport students to university • DSTV • Accommodates 135 students • 100% occupation • Income R6 480 000 pa • 27 Units • 27 kitchens • 27 bathrooms • Good security Details: • Erf no: 306 • Erf size: 1487m² • Rates p.m.: ± R11757.00

Additional Features
  • Auto Gates
  • Braai Area
  • Breakfast Nook
  • Built in Cupboards
  • Burglar Bars
  • CCTV
  • Garden
  • Security Doors
Property Address

13 Jones Street Nelspruit Ext 1 Nelspruit

Contact Agent(s)

eMail Agent(s)