R8,000,000

R8,000,000

1,100m² Apartment Block For Sale in Belgravia
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Bongie Mtombeni-Mabiletsa
Nondwe Mtombeni

1,100m² Apartment Block For Sale in Belgravia

Web Ref. ELO-CS00079
Land size 1366.00 m²
Floor size 1100.00 m²
Monthly Bond Repayment
R77,700.91
Accredited 58 Student Accommodation fetching R184 324.00 per month!!!

Nestled in a prime location amidst other student residences and conveniently close to universities , this property offers a well-maintained, income-generating solution for student housing.

Property Features:
- Massive 1100 sqm floor plan ensuring ample space and
comfort.
- 30 Bedrooms, thoughtfully designed to cater to student
needs.
- 14 Bathrooms, providing convenience and accessibility.
-14 Built-in kitchens equipped with stoves and refrigerators
offering shared yet private cooking spaces.

Common facilities:
-A spacious study room for focused academic activities.
-A large TV relaxation room for leisure and socializing.
-A fully equipped laundry room for convenience.
-Security: Dedicated station ensuring student safety, complemented by a turnstile gate for secure front access.

Additional Highlights:
-Expansive paved backyard, perfect for outdoor gatherings
or parking.
-Turnkey investment, selling lock, stock, and barrel as a
going concern.

This solid property is not just an investment in real estate but is in the thriving student housing market. In addition, Its strategic location, quality facilities, and operational readiness make it a profitable and hassle-free acquisition.

Features

Zoning
Commercial
Interior
Fibre
14 Kitchens
14 Bathrooms
Sizes
Land Size 1,366 m²
Floor Size 1,100 m²
Parking Bays
20 Open Parkings
Additional Amenities
24 Hour Response
Closed Circuit TV
Fibre
Entrance Hall
Family / TV Room
Guest Toilet
Patio
Access Gate
Fence
Garden
Paveway
Security Post
Listing Info
Date Listed 29-12-24
Time Listed 18:36

Belgravia, East London

East London real estate can be found at the northern end of a 300 kilometre stretch of coastline known as the 'Sunshine Coast', and is renowned for its great expanses of beautiful un-crowded beaches. Sleepy seaside towns and villages create a picturesque setting along river mouths, leading to long stretches of golden sands which makes the area very appealing to surfers, swimmers and sun-worshipers. The property in East London is some of the most sought after real estate in South Africa.Our shores are lapped by the warm waters of the Indian Ocean, and having a sub-tropical climate makes this region a sought after tourist destination for International tourists and local South Africans. Mdantsane, a vibrant township on the outskirts...
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Finance

Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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