For sale: Exciting Investment Opportunity Great Cashflow, Secure Income!!!

10 bedroom Flats & Apartments For Sale Gauteng Harare City Centre Harare CBD selling for $1,790,000. See property details on PrivatePropertyZimbabwe.com or browse all our range of properties in Harare City Centre Harare CBD Harare

Student Accommodation

Price:USD $1 790 000
Annual Turnover : R5.2 Million
Capacity : 119 student beds
Location: Vanderbijlpark, Gauteng.
2 Feeder universities : VUT and NWU
Walking distance 500m from VUT.
Consistent 100% occupacy

This incredible property offers rare and exciting opportunity for investors seeking secure and high cashflow investment asset. With 119 student beds in a clean, safe and secure architect designed stunning residence, this an opportunity not to be missed. Located near two major universities with combined 50 000 student population, the market cap is massively huge offering consistent full occupancies for many years to come.
This highly popular residence enjoys long waiting lists amongst students seeking high quality accomodation with high speed WIFI, 24hour security and CCTV, DSTV, Solar backup and gas cooking facilities and borehole water supply. Healthy student led social activities with Netball club, bootcamps, chess, football club, running club and faith support group, the residence is incredibly vibrant and very popular.
The residence is deliberately designed into 20 apartments accomodating maximum 6 students each in single and double sharing bedrooms, thus providing great commune living environments as opposed to hostel living, a concept proved most popular.
Each apartment has 4 bedrooms 2single of 9sqms size and 2 double sharing 15sqm each , 2 bath rooms with showers only and kitchen dining area most popular for bonding and board games.
Fully accredited by both universities, the residence benefits from NSFAS direct payments from the unversities and other private bursaries.

Located in Gauteng, South Africa, a country boasting of robust banking and investment frameworks, this represents a vehicle with good capital growth and great year to year cashflow yields. It is ideal for the discerning investors seeking to have a consolidated high performance portfolio in South Africa as an alternative to numerous individual residential property investments thus streamline operational costs and efficiencies.

With management contract options available for full peace of mind investment.
THIS IS A RARE OPPORTUNITY DONT MISS OUT!!!!