R30,000,000

R30,000,000

Building For Sale in Kingsview Ext 1
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FULLY LET STUDENT ACCOMMODATION WITH A NET PROFIT OF OVER 7 MILLION rand PA IN THE CRUX OF MPUMALANG

Web Ref. CL6830
Land size 21806.00 m²
Monthly Bond Repayment
R274,421.78
Nestled in White River only a half hour drive from the Numbi Gate of the Kruger National Park. With proximity to express routes, this jaw dropping leafy suburbia with main attractions like the Blyde River Canton and God’s Window, two of South Africa’s popular tourist attractions. The node lies ± 95 kilometres to the West of Mozambique’s border post. is ideal for a serious investor, hence we are calling on all investors with a keen eye for a self-propelled, plug and play deal with a Guaranteed High Net Operating Income!
Housing 198 Bursary Students, this five block double storey with 118 rooms is accredited by TUT & NFSAS so you don’t have to hustle. Boasting a longstanding lease agreement with TUT & NFSAS and is sold as a going concern. Buyer takes all!

White River is only a half hour drive from the Numbi Gate of the Kruger National Park and is on the road to both Blyde River Canyon and God’s Window, two of South Africa’s popular tourist attractions. The node lies ± 95 kilometres to the West of Mozambique’s border post.

THIS STUDENT HOUSING/COMPLEX VAUNTS THE FOLLOWING:
Zoning: Residential 3
ERF: 2.1806ha (21 806 sqm)
GLA: 4 952 sqm
Laundromat services
Perimeter comprises of a steel palisade fence and is partially walled
Remote controlled gate, electric fence, guard room and on duty 24-hour security guards Study Hall
Caretaker’s house
CCTV Cameras
DSTV
Ample parking for students and visitors

NB: The property is built on two erven with the land size of 2.1806ha. The property has bulk land enough to double the current GLA and Revenue due to the high demand from surrounding Universities.

More information will be shared only with motivated and pre-qualified buyers, call us for an exclusive tour!

Features

Zoning
Commercial
Sizes
Land Size 21,806 m²
Listing Info
Date Listed 23-07-25
Time Listed 08:30

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