690 Umbilo Road Berea ZA Show map

SALE PRICE

 
USD 1 438 918.02 Info
Original price: USD 1438918.02
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floor 627 m2
floors 3 floors
land area 627 m2
car spaces 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.

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Available from:

29.04.2024

Year of Construction:

2010

Type:

Investment

4001 Umbilo Road KwaZulu-Natal Berea 690 South Africa


amenities

  • Cctv
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outdoor Amenities

  • 24 Hour Security
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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.


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