Student Accommodation Business for sale!!  Generating approximately R41 600 per month.

One of the best investment properties on the market with an immediate positive return!!
This beautiful property is located in a safe quiet area. The students love it because it is in walking
distance to UWC, CPUT and Northlink College. It is close to airport mall and walking distance to
public transport routes. The large yard comprises of two housing structures on the property: 5
bedrooms, 3 bathrooms, 2 kitchens, and under cover parking for up to 5 cars.

AS A HUGE BONUS! The house is fully furnished and owner will give all the furniture and fixtures to
the new buyer. Its simply a matter of getting the keys and continuing with the management. The
property is also NSFAS accredited which can be seeded to the new owners.
It is currently fully tenanted with students and has leases in place for the rest of the year. The
property currently generates an income of approximately R 41 6000pm.
Only serious buyers with a pre-approval letter from any bank or bond originator may view the
Property.

This property wont stay on the market for long because businesses with this type of ROI are scarce.
Contact me today! To view one of the best investment properties on the market with an immediate
positive return!!

Latest property for sale or rent in Western Cape, South Africa – Property24