1 000 m² Commercial space in Doornfontein

Very Profitable Student accomodation for sale

This very profitable and high yield student accomodation building is up for sale in the newer area of Doornfontein. The NASFAS approved and fully accredited by UJ Doorfontein campus building comprises of a total of 134 beds at a rental of R4000 per room

It''s also comprised of 39 single rooms,19x4 bed appartments. All rooms are self contained with own shower/bathroom and kitchen. The building also offers a lot of extras like a huge gym,3TV rooms,a coin operated laundromat,a garage,2 offices and a caretaker flat.

The property is also equipped with street gas. The potential income when 100% occupied is +-R536000pm

Currently the building is 74%let with 100 students of which 86 are NASFAS funded,12 are bursaries funded and 2 are privately paid

SERIOUS OFFERS WILL BE CONSIDERED

very profitable and high yield student accomodation

newer area of Doorfontein

NASFAS approved and fully accredited by UJ Doorfontein

134 beds at a rental of R4000 per room

self contained with own shower/bathroom and kitchen

huge gym

3TV rooms

coin operated laundromat

a garage,2 offices and a caretaker flat

potential income when 100% occupied is +-R536000pm

SERIOUS OFFERS WILL BE CONSIDERED

Nearby Minibus Taxi Service