26 Bed House in Newlands
Student Accommodation for Sale in Newlands
An opportunity to expand your investment portfolio.
A Student accommodation is up for sale and is well located in close proximity to UJ Kingsway Campus. This property has been a going concern and it gives you an opportunity to take over the company, allowing you to avoid transfer duties.
The property accommodates 24 students and one room is reserved for the care taker. The property has 2 communal bathrooms which both includes 4 showers and 4 toilets.
There is 4 single bedrooms which have their own bathrooms.
The is an open plan kitchen and lounge. The kitchen offer 3 Gas stoves which are fully functional.
O the outside, we have a braai area, carports and CCTV cameras which are connected the owners device.
The property is NSFAS accredited and in 2023 NSFAS paid R4554 per student,
Property details
- Listing number T4531839
- Property type House
- Listing date 23 Feb 2024
- Land size 750 m²
- Rates and taxes R 500
Property features
- Bedrooms 26
- Bathrooms 4
- Lounges 1
- Dining areas 1