A package of 10 Student quality investment 1bed units

NEW RELEASE! INVESTOR APARTMENTS IN SUNNYSIDE’S ‘STUDENT-LAND’!

NO TRANSFER DUTY

AN EXCEPTIONAL PORTFOLIO OF 10 INDIVIDUAL STUDENT QUALITY RENTAL UNITS

SOUGHT AFTER LOCATION WITHIN 8Kms OF MOST TERTIARY INSTITUTIONS

ON-GOING RENTAL POPULARITY AND DEMAND

A variety of secure 37sqm 1bed apartments in a popular, well managed complex with functioning lift. Perfectly suited to mid-range student accommodation with own Kitchen, stove & Bathroom. Previously NSFS approved for student accommodation

CONDITION: Fair. Potential to upgrade or re-invent to fully equipped student pads

·ACCOMMODATION: Kitchen, Bathroom, divided Living / Bedroom space with BIC’s

·ACCOMMODATES: 2 Students per unit.

·UTILITIES: Electricity: Pre-paid.

·Water: monitored system ensures efficient, consistent measured monthly consumption

·RENTAL: Potential R2200 – R3000/bed excluding utilities & WiFi. Profitable ROI (will depend upon the quality of accommodation on offer)

·LOCATION: Convenient proximity to shopping centres, Sunnypark Mall garages, schools, medical centres and public transport

·SUITABLE FOR NSFS AFFILLIATION

·STATUS: Vacant

·MANAGEMENT: Well run building prioritising security and tenant safety. Established Managing Agent. Financials / Conduct Rules available

·TRANSFER DUTY: Individual units do not attract Transfer duty being below the SARS Transfer Duty price threshold

VIEWING: APPOINTMENT ONLY

AN ADDITIONAL 50 UNITS ARE AVAILABLE POA

SERIOUS SELLER ASKING R3 400 000 FOR IST 10 - . Will negotiate threafter. .

CONTACT AND VIEW NOW - opportunities like this are snapped up quickly

NOTE: To assist with understanding the potential of this investment, some images are staged/AI enhanced to indicate potential or to remove unwanted items