R27,000,000
Monthly Bond Repayment R278,690.86
Calculated over 20 years at 11.0% with no deposit.
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Student Accommodation For Sale with Contract in Place in Windermere
Student Accommodation for Sale in Windermere
This well-established student accommodation property in Windermere is available for sale, with a secure contract already in place. The property features 65 rooms and 40 bathrooms, offering space to accommodate up to 115 students. The current contract is with NAFSIS for a 3-year term, providing a monthly income of R563,500 at R4,900 per student.
Additional features include 24-hour security, a shared kitchen area, and a laundry room, ensuring a comfortable and safe living environment for students
Easy access to public transport and all main road including highways
Close to Windermere road and Florida road
Viewings by appointment only ................
This well-established student accommodation property in Windermere is available for sale, with a secure contract already in place. The property features 65 rooms and 40 bathrooms, offering space to accommodate up to 115 students. The current contract is with NAFSIS for a 3-year term, providing a monthly income of R563,500 at R4,900 per student.
Additional features include 24-hour security, a shared kitchen area, and a laundry room, ensuring a comfortable and safe living environment for students
Easy access to public transport and all main road including highways
Close to Windermere road and Florida road
Viewings by appointment only ................
Features
Pets Allowed
No
Interior
Bedrooms
65
Bathrooms
40
Kitchen
2
Reception Rooms
2
Furnished
Yes
Exterior
Security
Yes
Parkings
6
Pool
No
Sizes
Land Size
1,305m²