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
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 NSFAS 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
·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
SERIOUS SELLER ASKING R3 400 000. Will negotiate.
CONTACT AND VIEW NOW - opportunities like this are snapped up quickly
NOTE: some images are AI enhanced to indicate potential or remove unwanted items
