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Description

HUGE INVESTMENT OPPORTUNITY !  R39 999 999 Neg

NB!!!   FULL OCCUPANCY ROI = + 20%

XXX –ACQUIRE – MANAGE – REAP – XXX

** NATIONAL STUDENT FINANCIAL AID (NSFAS) ACCREDITED AND BACKED STUDENT ACCOMMODATION **

HIGH RETURNS ON INVESTMENT WITH PROVEN TRACK RECORD AND FINANCIALS

This very well Appointed, Maintained and Managed facility is situated in the best, High-Demand, location within 2 minutes walk of the famous WITS UNIVERSITY Campus.

Successfully operating since 2016 and accredited as a WITS UNIVERSITY PRIVATE HOUSING ACCOMMODATION PROVIDER.

The 4 Storey building provides for ALL the Amenities necessary for the Students to enjoy a SAFE, CLEAN, CARE-FREE and FUNCTIONAL facility in which to thrive while studying.

Security is High-level and 24 Hour Security Guard Controlled Access, enhanced by Finger-print Biometric Control. Un-capped WIFI.

Massive Fully-Equipped Main Kitchen- supported by Kitchenettes spaced throughout the residence.

Various Dining Areas, Laundry, Lockers, Toilet Block, Ablution Blocks,

Single, Double, Triple, etc Rooms, some with Private Bathrooms units off of wide easy corridors.

Study Centres, Entertainment and Welfare Areas, Private Visitor Parking Area.

This Property is very Well Maintained and Serviced with all Certificates and Legal Requirements in place.

—— BE SURE TO  CONTACT THE BROKER FOR FURTHER INSIGHTS AND OPPORTUNITIES REGARDING THIS VALUABLE INVESTMENT!!

FEMALE STUDENT ACCOMMODATION INVESTMENT OPPORTUNITY !!!

COMPLETE, SUCCESSFUL RUNNING BUSINESS INVESTMENT TO TAKE OVER – with exceptional yields.

EXCERPT FROM WEBSITE :

'Welcome to 18 Jorissen Street Student Residence – your home away from home in Braamfontein!  Save time and money as our campus is a 1-minute walk from the University of Witwatersrand and located on Jorissen Street and opposite the famous Wits Senate House.

We provide an ideal choice for FEMALE ONLY STUDENTS who want to enjoy their independent student life to the fullest but prefer not to be part of a traditional residence structure.

Our sunny and spacious accommodation has been hosting students since 2016 and is proudly accredited as a Wits Private Housing Provider as well as NSFAS approved.

We have WIFI connected to Solar Panel Energy guarantees your connectivity 24/7.

All cooking and showers are gas connected. You have access to hot water showers and cooking 24/7. There is single or double fully furnished luxurious rooms which provide quality hotel branded, Sealy mattresses for extra support and comfort with modern blinds for extra privacy. We cater for the fashion-conscious student who needs that extra cupboard space to pack and hang their clothes.

An affordable laundry is available with washing and drying machines as well as the option to hand wash with open washing lines for drying. Each load is R10.

A quiet library with uncapped Wi-Fi encourages students to have a dedicated space to study, complete assignments and prepare for exams. Electric blankets are provided in Winter. We boast a huge open courtyard with a garden for students to relax and get fresh air, keep active and stay in shape. Communal kitchens are spaced throughout the residence where everyone is welcome to share their daily experiences, support one another, relax and have fun.

Bathrooms and kitchens are always spotlessly clean.

Students can explore shopping malls, local markets and enjoy the nightlife all within 1km radius and still have the peace of mind living in a secure 24/7 fingerprint-access residence. There is no curfew and Barbecue facilities available.

Let us make your new home away from home a memorable experience.' – see corporate website: …18jorissen….

Price Excluding VAT. Transaction can be ZERO VAT Rated to VAT Registered Purchaser, where applicable. (T&C apply)

Seek advice from your Auditors  / SARS prior to signing any Offers.

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Details

Updated on March 18, 2024 at 3:46 pm

  • Reference #: 1360941
  • Price: R39,999,000
  • Suburb / Town: Johannesburg
  • Property Type: Business
  • Building Size: 1500.0 ㎡
  • Stand Size: 410.0 ㎡
  • Rates & Taxes: R 15500

Additional Features

  • Parking Open Size:10m²
  • Mandate Price:total gross price
  • Floors:4
  • Grade:B

    Address

    18 Jorissen Street

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