Commercial space in Pretoria Central
Investment opportunity
This impressive commercial property features 56 well-appointed rooms, offering a fantastic opportunity for investors. Situated on a generous 1,624 m and sup2 stand, the building is designed for efficiency and community living, making it an ideal choice for accommodation close to educational and recreational facilities.
Key Features:
Room Configuration: 56 comfortable rooms designed for communal living, complete with access to communal bathrooms.Social Area: A spacious, open social area encourages community interaction and provides a welcoming atmosphere for residents.Profit Potential: Achieving a net profit of over R858,000 per annum at full capacity, this property is positioned for strong financial returns.Prepaid Meters: Each room is equipped with prepaid meters, allowing for straightforward utility management and cost control.Security: Enhanced security features include magnetic gates at the entrance and a dedicated security room, ensuring resident safety and peace of mind.Prime Location: Located in proximity to more than 12 tertiary institutions, various parks, and the Gautrain, this property benefits from high foot traffic and demand for accommodation.
With its strategic location and well-designed facilities, it is perfectly suited for student housing, short-term rentals, or a communal living space. Don''t miss the chance to acquire a property with growth potential in a thriving community
Contact us today for more information and to schedule a viewing!
Property details
- Listing number T4845461
- Property type Commercial
- Erf size 1 624 m²