Student Accommodation for Sale in Salt River

Description

Accepting Offers. DESCRIPTION: This prime property is situated in popular Salt River which is the centre of the Student hub. The property has 42 rooms with only 2 vacant and situated one minute walk to Myciti bus, close to Salt River station and 900 metres from the Jammie Bus stop for UCT Students. Situated 900 metres from Spar which enables students to do convenience shopping. Ground Floor: • Reception • Laundry area with laundromat machines • Office with staff toilet • 12 En-suite bedrooms • 1 Kitchen • 1 TV area • Garage • 1 Small storage room • Living quarters for one live-in member of staff 1st Floor: • 1 Storage room • 20 En-suite bedrooms 2nd Floor: • 1 Large TV area • 2 Kitchens • 10 En-suite bedrooms Rooms: • 14 Shared rooms • 27 Single rooms • 1 Single room vacant • 1 Shared space vacant Income breakdown: • Current income ±R 270 300.00 • Each student contributes ±R 600.00 • Internet (First 3GB Free) , thereafter ±R 175.00 per month for 15 GB • Coin operated Industrial washing and drying machines NDA For Serious Buyers. DETAILS: • Erf size: 386m² • Zoning: General Business 1 DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.