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16 Rubin Crescent, Summerstrand, Gqeberha, Eastern Cape
R 3 695 000
Fully-Managed, Turnkey Student Housing Investment with Immediate Rental Income This exceptional property features 13 fully furnished rooms housing 14 beds, including an on-site manager's unit for overseeing daily operations and student well-being. Located just minutes from Nelson Mandela University (NMU), it enjoys strong demand for the 10-month academic year. Key Features: - Fully Furnished & Equipped - Borehole with Filtration System - CCTV Surveillance - Fully Compliant with Approved Consent Use and University Accreditation. Additionally, the property offers 8 secure parking bays for added convenience and security. It is worth noting that the property next door is dependent on the borehole located at this property, ensuring a continued shared water supply in the future. Financials available upon request. The monthly gross income is R68 200 Don't miss this rare opportunity to own a high-demand student property that offers immediate rental income and long-term value. Disclaimer: Whilst every endeavour has been made to ensure the accuracy herein, no liability will be accepted for any errors or omissions.
Estimated monthly repayment
R 34 893
on a R 3 325 500 bond over 20 years at 11.25%
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16 Rubin Crescent, Summerstrand, Gqeberha, Eastern Cape
Area view — the exact address is shared on enquiry.
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