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.
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