R4,380,000
15
Bedrooms
7
Bathrooms
10
Parkings
Lee Vermaak
Property Practitioner
Seeff Port Elizabeth
Monthly Rates
R3,874
Total
R3,874
Fantastic Opportunity to Invest in this Lucrative Student Accommodation Concern!
Web Ref.
RLS982716
Two separate houses on the mother erf offers well maintained student accommodation sold FULLY FURNISHED yielding an excellent return! Consisting of 16 bedrooms with 7 bathrooms, two large fitted kitchens and two expansive lounges offering comfortable communal living.
Conveniently situated near the Nelson Mandela University, the Super Spar, the beach and various other amenities ensuring easy access to daily necessities.
Over the December and January period the property yields a profitable turnover as an Airbnb as holiday accommodation is always highly sought after in Summerstrand area during the festive season.
Secure parking for 10 vehicles.
Wifi.
Yielding a total actual rental of approximately R70 000 per month (excluding the festive period Airbnb income). All leases are in place for 2025 and financials and house plans are available on request.
Contact me today to view this great investment opportunity!
Conveniently situated near the Nelson Mandela University, the Super Spar, the beach and various other amenities ensuring easy access to daily necessities.
Over the December and January period the property yields a profitable turnover as an Airbnb as holiday accommodation is always highly sought after in Summerstrand area during the festive season.
Secure parking for 10 vehicles.
Wifi.
Yielding a total actual rental of approximately R70 000 per month (excluding the festive period Airbnb income). All leases are in place for 2025 and financials and house plans are available on request.
Contact me today to view this great investment opportunity!
Features
Interior
Exterior
Sustainability
Sizes
Additional Amenities
Monthly Repayment
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