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Scottsville · Apartment Block For Sale

1800 m² Apartment Block For Sale in Scottsville

  • R 16,100,000
  • 1800 m²

If you are an investor, looking to reap the benefits of the ever Thriving, "Student Accommodation" Business, then this is the perfect investment for you.

This modern, new development is positioned within close proximity to universities and high schools. The neighborhood is home to many businesses operating from converted dwellings.

The apartments are well designed, with good quality finishes and can accommodate 71 students.

Section 1, accommodates 26students, all rooms are furnished with beds, desks, and built in cupboards, 5 bedrooms, 2 kitchens, 2 dining rooms, TV rooms and laundry.

The basement consists of the staff accommodation and security office, fitted with cameras.

Section 2, is a 3 storey building and can accommodate 45 students, all rooms are furnished with beds, desks and built in cupboards.

There is a total of 27 rooms, 9 bathrooms and 9 kitchens.

Approximately +- 500m2 of land is available for parking or further development.

You do not want to miss out on this great opportunity!!!!!

Make an Offer Today....

Call me to arrange an appointment to view.

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Property Information & Features

Property Type
Apartment Block
Listing Type
For Sale
Location
Scottsville, Pietermaritzburg
Price
R 16,100,000 · Get Pre-Qualified
Price per m²
R 8,944
Floor Size
1800 m²
Erf Size
2500 m²
Commercial Zoning
Yes
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Map & Nearby

Exact location is provided after a viewing has been arranged with the listing broker.

Area Rating · Scottsville, Pietermaritzburg

Overall Area Rating

Very Good

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Apartment Block For Sale in Scottsville
R 16,100,000
  • 1800 m²
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