• 16
  • 7
  • 435 m2
  • 854 m2

Monthly Costs

Monthly Bond Repayment ZAR .

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Mun. Rates & Taxes: ZAR 3874.00

Property description

INVEST IN A PROPERTY AND A RUNNING BUSINESS!

This large home consists of 2 dwellings offering comfortable, clean and central accommodation for students studying at Nelson Mandela University. The home offers 6 rooms in house 1 and 10 rooms in house 2. Each house has a fitted kitchen and communal living areas for relaxing and meeting with friends and family. Bedrooms are private, spacious and all have built in cupboards.

In total there are 16 bedrooms, 19 beds and 7 bathrooms.

Current leases in place for 2025 - Income of approximately R73 700 a month 

Monthly running costs are approximately R17 000 per month

At the end of the academic year the rooms are rented out as holiday accommodation.

The home is being sold fully furnished and with the current leases in place.

Contact me for further information, or to arrange a viewing by appointment.

Property Details

  • 16 Bedrooms
  • 7 Bathrooms
  • 2 Lounges
  • 1 Dining Area

Property Features

  • Access Gate
  • Paving
  • Garden