R 4 499 000
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22 Bed House in Port Elizabeth Central

22 6 520 m²

Student Accomodation in Havelock Street, Central

STUDENT ACCOMMODATION

This 22-room property is situated in Central, one of the student hubs in PE. It is close to all bus and taxi routes and is a 5-minute walk from downtown.

2 Plots combined - 13 and 15 HAVELOCK Street , PE CENTRAL

Fully accredited with 3-year contract recently signed with NMBU

RES 2 BUSINESS

This opportunity is suitable for a prudent investor who is looking for a moving train. Everything is being sold lock, stock and barrel.

INCOME - R 180 000 / MONTH

EXPENSES - R 45 000 / MONTH

Consist of:

2 buildings

Fully furnished and equipped

45 BEDS (Remember its student HOUSING, we count beds not rooms)

2 kitchens

2 lounges

Total is 26 rooms

18 sharing

8 singles

The caretaker lives on site in a self-catering suite

Laundry room and 3 other single rooms

Borehole

Biometric access

Guard room with CCTV control

Wifi

Please let me know if you have any further questions

Viewing by appointment only.

Property details

  • Listing number T4390134
  • Property type House
  • Listing date 29 Oct 2024
  • Land size 520 m²
  • Rates and taxes R 2 500

Property features

  • Bedrooms 22
  • Bathrooms 6
  • Lounges 2
  • Alarm
  • Kitchen

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