R 78 000 000
calculate bond costs
3 500 m² Commercial space in Johannesburg Central and CBD
50
750 m²
3 500 m²
Well mantained student accomodation for sale
This well mantained student accomodation is up for sale close to University and colleges. The property with retail shops on the ground floor has a potential Gross annual income of R14m with an estimated annual expense of R5m.
Currently has 351 beds for rent.
With a net annual income of R9m this fantastic investment has a yield of over 12%
Seller is looking for serious purchasers to share extra information with as and when required
well mantained student accomodation
close to University and colleges
retail shops on the ground floor
potential Gross annual income of R14m
Currently has 351 beds for rent
net annual income of R9m
Fibre Internet
Lounge
Nearby Minibus Taxi Service
Property details
- Listing number T4894472
- Property type Commercial
- Listing date 6 Dec 2024
- Land size 750 m²
- Floor size 3 500 m²
- Rates and taxes R 13 000
Property features
- Bathrooms 50