15 Bedroom House For Sale in Port Elizabeth
BondCosts
Property description
This fully accredited Grade A student accommodation offers an exceptional investment opportunity. The property is ideally located within walking distance of Nelson Mandela University, offering immediate income potential. Divided into three sections, this low-maintenance property is fully furnished and designed for long-term durability and convenience.
Property Features:
Three Separate Sections
Each section includes:
5 Spacious Bedrooms
2 Bathrooms
1 Living Room
1 Fully Equipped Kitchen
Total Bedrooms: 15
Low Maintenance: Face brick exterior with durable aluminum windows.
Utilities:
Pre-paid electricity meter
Borehole water supply for cost-saving efficiency
Fully Furnished: Sale includes all furniture and appliances.
Student Tenants:
Accommodates 12 NSFAS students and 4 cash-paying students.
Financials: Available upon request. Proven income from current tenants.
Additional Features:
Prime location, walking distance from NMU.
Low maintenance, ideal for student accommodation.
Investment Potential:
This property presents a lucrative opportunity for investors seeking stable rental income. The current tenant mix ensures a steady income flow, and its proximity to NMU guarantees consistent demand.
- Pool
- Freehold
- Pets Allowed
- Laundry
- Flooring: Tiles, Parquet
- Walling: Palisade
Location rating
Nearby Transport
Nearby Education
Nearby Other
Request property details from Harcourts Beachfront
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Agents
Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
