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Butterworth, Butterworth, Butterworth, Eastern Cape
R 4 360 650
Established 9 Bedroom Student Accommodation Unlock the potential of this well maintained student accommodation offering an excellent opportunity for investors seeking immediate rental income. Already operating as a student residence, this property is designed to accommodate multiple tenants while providing comfortable communal living. The property boasts 9 spacious bedrooms, 2 bathrooms, and 2 communal kitchens, making it ideal for student housing or staff accommodation. A backup water system ensures a reliable water supply, while the neat, low maintenance layout offers convenience for both owners and tenants. An added bonus is the flexibility to purchase the property fully furnished or unfurnished, allowing you to continue operations seamlessly or tailor the space to your own vision.
Estimated monthly repayment
R 41 179
on a R 3 924 585 bond over 20 years at 11.25%
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Butterworth, Butterworth, Butterworth, Eastern Cape
Listed by
Kagiso Ramaphosa
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