Student Accommodation – Hurst Hill

  • R2,999,999
Hurst Hill, Johannesburg, Gauteng
For Sale
Student Accommodation – Hurst Hill
Hurst Hill, Johannesburg, Gauteng
  • R2,999,999

Overview

Property ID: HZRL17388
  • Freehold
  • Property Type
  • 15.0
  • Bedrooms
  • 5.0
  • Bathrooms

Description

This 15 room student accommodation is centrally located close to UJ.
The property will be sold as a going concern.
The zoning of residential 3 allows for the use of the property as student accommodation.
This building comprises of 15 rooms, 2 kitchens and 5 bathrooms.

The accommodation is let out on room by room basis.
11 rooms are currently let by NESVAS and 4 rooms are paid directly by the students.

The monthly rental income is estimated at R61 000 currently.

  • Address 40 Portland Avenue
  • City Johannesburg
  • State/county Gauteng
  • Area Hurst Hill

Details

Updated on December 23, 2024 at 5:29 pm
  • Property ID: HZRL17388
  • Price: R2,999,999
  • Land Area: 660.00
  • Bedrooms: 15.0
  • Bathrooms: 5.0
  • Garage: 0.0
  • Property Type: Freehold
  • Property Status: For Sale

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Contact Information

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Jaco Van Zyl

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  • Jaco Van Zyl