Loading property...
+23
More Photos
Ideal student hub 2.3km from TUT, walking distance to metro and shops — NSFAS-accredited, fully furnished, load-shedding-free building accommodating 116 students with secure parking.
NSFAS ACCREDITED BUILDING FOR SALE
FULLY ACCREDITED WITH TUTEH AND NSFAS FOR 116 x STUDENTS
CURRENTLY HAS A B-GRADE STATUS, BUT CAN BE IMPROVED TO A-GRADE IF ENTERTAINMENT/SPORT FACILITIES ARE CREATED.
FULLY CONVERTED AND FURNISHED
LOAD SHEDDING FREE AREA
- 29 x 2 Bedrooms (50m2)
- 39 x Parking bays (29 x under cover - under building)
- 1 x Caretaker apartment with 1 bedroom, kitchen, bathroom and private garden
- Security gate, guard house, electric fence, CCTV Cameras on ground floor and apartment floors
- Fire proof windows
- Occupancy Certificate and Building Plans available
- Res 4 Zoning
- Fully equipped laundry with washing lines
- Heat pump system - no geysers
- Electricity Pre-paid meter in each apartment
- Approved to place 4 x students in each apartment @ R50 000.00 x 116 = R5 800 000.00 Gross per annum
- Minus 50% expenses: R2 900 000.00 Nett income per annum
LOCATION: 2.3KM to TUT Main Campus
1KM to Quagga Shopping Center and KIT KAT Cash and Carry
Walking distance to Metro Station, bus stops and taxi ranks
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R19,500,000
Pretoria West offers a mix of established residential areas and industrial activity, providing affordable housing options and convenient access to employment opportunities.
* Distances and amenities are approximate.
