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10 Bedroom Freehold For Sale in Summerstrand

R3,450,000


Monthly Bond Repayment R36,199.33
Calculated over 20 years at 11.25% with no deposit.

Web Ref No RL37269

Student Accomodation Summerstrand

This student accommodation facility is a great investment opportunity! It offers a solid combination of convenience, security, and the potential for steady income definitely a lucrative investment opportunity!

This well-established student accommodation facility is specifically designed to meet the needs of university students, making it a highly profitable business venture. Located in close proximity to the university and nearby shopping centers, as well as attractions like the Boardwalk, the property offers the perfect blend of convenience and accessibility.

The establishment features:

6 Self-contained Units – Each unit is fully equipped with everything students need for independent living.
Communal Area – A designated space for students to gather and engage in social or recreational activities.
4 Individual Bedrooms with Shared Bathroom and Kitchen Facilities – Ideal for students who prefer more privacy but still enjoy the benefits of shared common areas.

Additional highlights:

Spacious & Secure Yard – Offering plenty of parking spaces for residents and visitors.
Prime Location – Situated in a highly sought-after area with easy access to campus, shops, and recreational facilities.

This is an excellent opportunity to own a property that generates consistent income. For more details on how you can secure this investment, contact me today!

Features

Bedrooms 10
Bathrooms 8
Recep. Rooms 2
Floor Size 450m²
Land Size 862m²
Carports/Parkings 8
Monthly Rates R4,577.00

Agent Contact Details

Quentin Strooh
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 332 857 1)

Cell 083 381 4481
Office (041) 3730711
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