X

58 Bedroom Apartment Block For Sale in Danville

R5,800,000


Monthly Bond Repayment R61,852.92
Calculated over 20 years at 11.5% with no deposit.

Web Ref No RL14242

Single storey, corner stand with prime development options

Danville is a prime located suburb, not only with various school options, shopping centres, and other amenities but also due to its ease of access from major arterial routes via the R55 and N4. A major investment opportunity for this specific location is the Tshwane University of Technology (TUT) located a mere 5km away which makes it perfect for student accommodation!

This property in summary has the following value-adds on offer:
* 58 bedrooms
* 26 bathrooms
* 4 lounge areas
* 3 dining rooms
* large laundry
* 1 commercial kitchen
* x3 outside lounge/patio areas
* domestic change rooms
* Double garage
* Shade net, carport areas (x8 spaces)

Additional extras include: Smoke detectors, CCTV network, emergency lights, sufficient fire fighting equipment.

An upfront valuation on this property was done based on the Income Capitalisation method and took into account the current condition of the property, location, and level of demand in the area. All detailed letting options and other calculations can be discussed in person and by strict appointment only. Call me today to discuss your investment opportunity.

Features

Bedrooms 58
Security Yes
Bathrooms 26
Flatlet 1
Recep. Rooms 7
Dom. Accom. 1
Study 1
Floor Size 3,286m²
Garages 1
Land Size 4,553m²
Carports/Parkings 8

Agent Contact Details

Ruane Bester - Mountain View & Mayville
Head Office

Cell 0823353754
Office (081) 4042817
WhatsApp Me

Message the Agent

We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy

1 of 1
I accept your privacy terms. Privacy Policy
We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy