Commercial space in East London Central
investors Dream. An investment property in Southernwood with commercial rights that can also be used as student accommodation sounds like an interesting opportunity. Southernwood is a suburb in East London, South Africa, known for its diverse range of properties and potential for investment.
Here are some key considerations and tips when looking into such a property:
Location: Location is crucial for both commercial properties and student accommodation. Ensure the property is in a safe and convenient area, preferably close to educational institutions like universities or colleges, as this will attract potential tenants.
Property Type: Determine the type of property that suits your investment goals. It could be an existing commercial building that can be converted into student accommodation or a property that already has a mixed-use setup, allowing for both commercial and residential use.
Market Research: Conduct thorough market research to understand the demand for student accommodation in the area and the potential rental income you can generate. Consider the current rental rates and occupancy levels in similar properties.
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Property details
- Listing number T4259771
- Property type Commercial
- Erf size 767 m²