40 Bed House in Universitas

Amazing Property Investment. 40 bedroom Student commune in Universitas.

Property with a large rental income potential, likely for student accommodation or shared living spaces, given the number of bedrooms and facilities. Here''s a breakdown of the property:

40 Bedrooms with cupboards, beds, and study desks in each room.

10 Bathrooms, likely shared between rooms.

2 Kitchens, potentially shared by the residents.

Utilities: Pre-paid electricity and water for each room, which helps manage utility costs.

Gas Geyser: For efficient water heating.

Security: Electrical fencing and gate control for added security.

Currently 15 Students residing at the commune, will be able to fill up 2025 via Nsfas. Possible rental Income: R184,000.00 per month, which is quite substantial.