R 15 500 000
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40 Bed Apartment in South Beach

40 14 349 m²

STUDENT ACCOMODATION WITH CONTRACT

Currently in operation, 40 rooms, accomodates 80 students

Current contract with UKZN

Monthly income over 300k per month

Ground floor 10 rooms 4 showers and facilities

Kitchen , lounge and study

First floor 15 rooms 5showers and facilities kitchen, lounge and study area

Top floor same as first floor

Please note that there is a contract with nsfas for 154 students at R4500 and this is year one of the contract period. This property is sold together with another building for R30m

For sale to serious buyers with financial means

Viewing by appointment

Property details

  • Listing number T4662375
  • Property type Apartment
  • Erf size 349 m²
  • Rates and taxes R 4 000

Property features

  • Bedrooms 40
  • Bathrooms 14
  • Lounges 3
  • Study

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