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15 Bedroom Freehold For Sale in Hurst Hill

R2,999,999

40 Portland Avenue

Monthly Bond Repayment R31,992.88
Calculated over 20 years at 11.5% with no deposit.

Web Ref No RL17388

Student Accommodation - Hurst Hill

This 15 room student accommodation is centrally located close to UJ.
The property will be sold as a going concern.
The zoning of residential 3 allows for the use of the property as student accommodation.
This building comprises of 15 rooms, 2 kitchens and 5 bathrooms.

The accommodation is let out on room by room basis.
11 rooms are currently let by NESVAS and 4 rooms are paid directly by the students.

The monthly rental income is estimated at R61 000 currently.

Features

Bedrooms 15
Bathrooms 5
Dom. Accom. 1
Floor Size 275m²
Land Size 660m²
Monthly Rates R2,100.00

Agent Contact Details

Jaco Van Zyl
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 374 672 3)

Cell 083 459 0625
Office (010) 4439932
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