Web Ref No BLM-RS00287

This investment property is truly a once-in-a-lifetime opportunity, specifically designed for student accommodation. It comes fully equipped and furnished, making it an attractive option for students looking for a convenient and comfortable living environment. The property is equipped with modern security features, including an alarm system and CCTV surveillance, ensuring the safety of the residents.

With 23 beds and 4 shared bathrooms, this property can accommodate a significant number of students. Additionally, there is a kitchen with 2 stoves, a fridge, and a microwave, allowing students to prepare their meals conveniently. For outdoor relaxation and socializing, there is a communal braai area available.

The property also includes an occupied wendy house with a tenant who assists with access control and oversees security. This adds an extra layer of security and convenience for the residents. Access to the property is controlled through cell-to-gate access and an electric gate system.

The utilities in the property, including electricity and Wi-Fi, are on a prepaid basis, ensuring transparency and ease of management. Moreover, the property is already rezoned and NSFAS (National Student Financial Aid Scheme) accredited, making it an appealing choice for students who rely on financial assistance.

To ensure transparency and provide further assurance, audited financial statements for the property are available upon request. These statements can give potential investors insights into the property's income and financial performance.

Overall, this investment property offers an excellent opportunity for generating rental income from student accommodation. Its strategic location, well-designed facilities, and adherence to regulations make it a desirable option for both investors and students. Don't miss out on this exceptional opportunity—contact us now for more information or to arrange a viewing.