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Commercial in Protea North - MR700896

R 12,000,000
1068m2
floor area
1669m2
erf size
Rate this Deal

1068m2
1669m2
Protea North - MR700896
Commercial in Protea North, Gauteng - West, Gauteng
R 12,000,000

Property Overview


Tenanted Apartments & Student Accommodtion Opportunity.

Property is offered in 2 investment options:

Investment Option 1: Fully Tenanted Apartment Portfolio

20 Fully Tenanted Apartments
Gross Annual Income: ± [hidden] Million
Improvements: 1068m²
Land Size: 1669m²
Guaranteed income stream supported by a stable and reliable tenant base
Built-in cupboards with stove
Neat and well-maintained
1 Bedroom configuration apartments
Private garden and swimming pool
Located in a secure complex
Unlimited Wi-fi with DSTV port
Intercom and remote controlled access gate
Electric Fence all round
Modern and quality finishes
Parking Bays
Large Entertainment area
Easy access to nearby amenities and major routes

Investment Option 2: Student Accommodation Portfolio

The property is a fully accredited NSFAS approved student accommodation facility, with formal accreditation granted.
Adheres to all applicable university accommodation standards.
Projected Gross Annual Income ± [hidden] Million
NSFAS Accreditation Capacity: 57 Beds

...read more

Property Key Features

  • Property Type - Commercial
  • Seller Type - Private Property
  • Floor Area - 1068m2
  • Erf Size - 1669m2
  • Price per square floor meter - R11,236 per m2
  • Price per square erf meter - R7,190 per m2
  • Property Photos

    Contact Info

    Owner details
    Harrison Chabana
    [email protected]
    0615562777

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    Phone number for Harrison Chabana
    0615562777

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