R 78 000 000
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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

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