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R46,000,000

R46,000,000

3,677m² Building For Sale in Kingsview
Covered
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Chas Everitt Lowveld - For Sale 126 bedrooms, 49 bathrooms in White River

Web Ref. CNLD-6513
Land size 2.00 Ha
Floor size 3677.00 m²
Monthly Bond Repayment
R429,401.42
Chas Everitt Lowveld - For Sale 126 bedrooms, 49 bathrooms in White River

The first portion of the property consists of three blocks of identical student accommodation. The building is built over two floors with parking provided underneath the building. Each block consists of 11 units (rooms) either double sharing or single providing accommodation for 48 students in each block. Some of the rooms are either single or shared rooms. Each unit consists of a modern kitchen with ablutions facilities. The kitchens are fitted with brown cupboards, black granite tops and electric stoves. The rooms at the on the top level have small balconies and loft bedrooms. Neat passages and concrete staircases. The buildings are in good condition.

The second portion consists of double storey building of six blocks. The blocks or units for the residence consists of kitchens and ablution facilities.

There is 24 hour patrolled security and free uncapped Wi-Fi. Open fields for student sport events available. The property is walled and fenced with two secure entrances.

At present, the residences occupy 198 students. Ten blocks can still be renovated, which will increase the number of students. There is 10 000 sqm of land available for further development. All the furniture is included and one bus for transporting students.

Ground manager available. One year contract with the University and is renewed annually.
Please contact us for further information and a viewing if required.
Monthly Rates R9,500

Features

Zoning
Commercial
Interior
49 Bathrooms
Sizes
Land Size 2 Ha
Floor Size 3,677 m²
Parking Bays
50 Covered Parkings
50 Open Parkings
Additional Amenities
126 Bedrooms,
49 Bathrooms,
Each block consists of 11 units (rooms),
free uncapped Wi-Fi
Listing Info
Date Listed 10-11-23
Time Listed 05:15

Disclaimer

While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.