COMMERCIAL PROPERTY FOR SALE IN PRETORIA WEST - GREAT INVESTMENT!
This commercial property situated in Pretoria West, presents an excellent investment opportunity in the student accommodation sector! It offers a lucrative income stream, established market positioning with university accreditation, and essential security measures to enhance the student living experience.
The property comprises 24 units designed to accommodate a total of 89 students, providing a substantial rental income potential.
With a current rental income of R208,500 at a 50% occupancy rate, this investment demonstrates a solid return on investment and income generation capability.
A dedicated security guard stationed on the premises ensures the safety and peace of mind of the student residents, prioritizing their well-being and security within the property.
For investors seeking a reliable and profitable venture in student accommodation, this commercial property presents a compelling option.
For further details or inquiries regarding this investment opportunity, Contact Tania today!
Property Features
Key Features
Bedrooms58
Erf Size1428 m²
RatesR 2 950
LeviesR 45 000
Interior
Kitchenette
Toilet
Other
Occupation Date12 Aug 2024