Student Accommodation Building For Sale in Glenwood

690 Umbilo Road Berea ZA Show map

SALE PRICE

USD 1 438 918.02

Original price: 1438918.02 USD
The prices shown here are based on exchange rates. The exchange rates are based on various public sources, are for information purposes only and are not considered correct.
The actual rates of your bank, credit card company or other institution may vary. Important additional information.
Sorry, no exchange rate USD Price on request 1438918.02

627 m²

3 floors

627 land area

10 car spaces

This student accommodation houses 130 students from the UKZN Westville and Edgewood campuses. The accommodation is co-ed and operates under a three-year contract accredited by NSFAS.

There are rooms with one, two, or three sleepers. Each apartment has its own refrigerator, desks, and cabinets. Each of the three floors shares a kitchen and bathroom.There are two television rooms, three common study rooms, and one shared laundry room with communal washlines.

The building provides biometric access and CCTV cameras in all communal areas.

The total rental income is R510,078 each month. Total monthly expenses are R56,774. With a 20% return on investment, don't pass up this fantastic investment opportunity.

Expand description

Available from:

29.04.2024

Year of Construction:

2010

Type:

Investment

4001 Umbilo Road KwaZulu-Natal Berea 690 South Africa

amenities

Cctv

Show All

outdoor Amenities

24 Hour Security

Show All

This is a property advertisement published and maintained by Pam Golding Properties Durban and does not constitute binding information for this property. Although we require advertisers to provide accurate information, we can only publish these advertisements in good faith and have not verified any claims or statements or inspected the advertised properties, locations or offers. Primemasters does not own or control and is not responsible for the properties, facilities, site content, products or services provided or advertised by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the above. We therefore accept no liability arising from the confidence placed in us by readers or persons to whom such information is made available. You must conduct your own research and seek independent professional advice before making any decision to purchase, rent or invest in property.