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GOODWOOD / ELSIES RIVER STUDENT ACCOMMODATION

  
  
  
  

€ 2,750,000

£2,352,432.50
$3,235,925.00

GOODWOOD / ELSIES RIVER STUDENT ACCOMMODATION

Reduced from €3,5 mil to €2,75 mil due to a change in the exchange rate!!! Brand new upmarket development can be taken over immediately for R55 mil (R10 mil and 4 months to completion as per QS) or as a turnkey operation for R85 mil. Substantial funding is available for suitably qualified buyers. 4 floors residential (100 apartments, not sectionalised) plus a retail floor with a total projected rental income of R850 000 per month. Full information will be supplied to approved buyers. Current builder has been removed from the site. Work is proceeding with a full professional team in order to get the occupation certificate in time to approach educational institutions in order to fill with tenants and the details of this listing will change over time.

Apartment block

Property ID: 15333

For:
Sale
Condition:
New

Floor area:
4789 m²
Size of land:
1246 m²
Built in:
2019
Presently:
In construction
Structure:
Brick.
No. of bathrooms:
99
No. of apartments:
more than 10 units
No. of floors:
5 floors

South Africa

Western Cape

Address:
73 HALT ROAD, RIVERTON
RIVERTON
Close to:
University, Train station, Bus stop.

Contact me about this property for sale

Private Seller
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