R 4 995 000
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8 Bed House in Universitas

8 9 1 454 m²

Excellent Opportunity!

Prime Investment Opportunity Near University, Sports Fields, Hospitals, and Shopping Malls

This well-located overnight accommodation offers not only convenient proximity to the University, Sports Fields, Grey & Eunice schools, and nearby hospitals, but also provides a healthy return on investment. All furniture included!

The property boasts eight en-suite rooms, ranging from doubles to family-sized units that can accommodate up to four guests. With a total capacity for 20 guests, each room is equipped with kitchenettes featuring coffee and tea-making facilities, a kettle, crockery, cutlery, and a bar fridge.

Additional on-site facilities cater to all needs and include:

A bar area for guest relaxation

Braai facilities for outdoor dining

Seating for 40 guests, with both undercover and open areas

Undercover parking for convenience

24/7 CCTV monitoring and a security guard for peace of mind

A gazebo with a 12-seater dining area

A conference room for business use

This well-equipped and well-maintained property presents an ideal investment for an entrepreneur seeking a seamless, profitable venture.

Municipal water is included in the rates and taxes

NSFAS income and the amount = 4 rooms, and they are together

R16,000, R4,000 per room

Other room rental income = R12,000

Monthly income is R28,000

Don''t miss out on this opportunitycall Annette Kasselman today to arrange a viewing.

Property details

  • Listing number T4882677
  • Property type House
  • Erf size 1 454 m²
  • Rates and taxes R 11 855

Property features

  • Bedrooms 8
  • Bathrooms 9
  • Lounges 1
  • Pet Friendly
  • Security Post

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