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20 Bedroom Freehold For Sale in Sandown

POA

Web Ref No RL20526

Calling all investors! Gross rent PM: R 80 000

Introducing an exceptional investment opportunity in student accommodation that stands out in its top-tier quality and lucrative returns.

This distinguished property consists of 20 meticulously designed rooms, each leased at a minimum of R 4,000 per month per room. The accommodation is thoughtfully organised into 2-bedroom and 3-bedroom units, featuring well-equipped kitchenettes. Adding to the convenience, each unit is equipped with its own electricity prepaid meter.

For discerning investors, comprehensive cash flow documentation is readily available upon request, attesting to the robust financial performance of this investment. The property is strategically located on a serene and secure road with controlled access, ensuring a peaceful and protected environment.

In order to fortify the integrity of the investment, all individual leases are meticulously secured through agreements with the students' parents, creating airtight contractual arrangements. This ensures a stable and predictable revenue stream for investors. Also offering a borehole, and luscious garden with a swimming pool.

Features

Bedrooms 20
Security Yes
Bathrooms 9
Recep. Rooms 5
Land Size 1,981m²
Carports/Parkings 5
Pool Yes
Monthly Rates R3,692.95

Agent Contact Details

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