42 Apartment Complex for sale, Philip Nel Park
Attention investors! Don't miss out on an incredible opportunity to invest in a versatile property that caters to both residential and commercial needs. Introducing Stefan's Place, a secure complex located in Phillip Nel Park, just a short distance from the Tshwane University of Technology (TUT) main campus.
Stefan's Place offers a range of possibilities, making it suitable for both household rentals (couples, families, working individuals) and could be converted into a student accommodation. Please note that this complex is not NSFAS accredited, however it could be registered by new owner.
The complex boasts a variety of features, including single and double-storey simplexes, with a total of 42 units available. If converted into a student accommodation, it will fit 209 beds, ensuring a steady stream of rental income. In fact, the total annual income from the complex amounts to an impressive R5,852,000.00.
Convenience is key, as Stefan's Place is strategically located near essential amenities such as hospitals, shopping centers, and public transport. With easy access to the R55 and just 15 minutes away from Pretoria CBD, residents will enjoy seamless connectivity to the city.
This is an opportunity not to be missed. Act now to secure your investment in Stefan's Place and reap the rewards of this exceptional property. Contact us today for more information or to schedule a viewing.
