Web Ref No CWEL-0804

OUTSTANDING INCOME-GENERATING PROPOSITION!!

This longest-established private communal living accommodation in Wellington is situated in the heart of the town and close to all amenities and the Cape Peninsula University of Technology

A multi-faceted property with a variety of units that caters to the diverse needs of diverse tenants. The housing is suitable for professionals, students, singles and small families.

These units could be a lock-up-and-go type of accommodation suitable for travelling professionals.

The property consists of ten similar bachelor apartments, offering open-plan living and sleeping areas. All bachelors are equipped with kitchenettes. The bathrooms offer a shower, toilet, and basin. Each of these apartments has its own separate entrance and safety gate. (Own geyser and electricity meters.)

Three slightly larger bachelor apartments offer more space and slightly larger kitchenettes and living spaces. Two of which have full bathrooms and one a bath, basin, and toilet. Each has built-in cupboards and either wooden floors or tiles. (Own geyser and electricity meters.)

The three one-bedroom apartments offer separate living areas and separate kitchens, as well as air conditioning.

A two-bedroom apartment with a spacious open-plan lounge and kitchen. Offers built-in cupboards and wooden floors. This apartment consists of a full bathroom, air conditioning, and a front porch.

The property offers eleven parking bays behind one access gate and additional undercover parking with a separate automated gate for two vehicles.

The units are currently furnished; most of the furniture belongs to the seller and is included in the sale.

A sparkling swimming pool adds value to the property.

All seventeen units are currently occupied.

This property also has business rights.