- Fully-furnished, fully-equipped, fully-tenanted & fully-leased large ultra-secure corner property in Fontainebleau, Randburg – with 7 rooms, open-plan kitchen, lounge & dining room in the main house and 4 semi-furnished cottages on same property. These 11 rooms could be comfortably furnished with 12 double-bunks throughout property to accommodate +-24 students.
- The entertainment area, surrounded by spacious lawns & gardens, consists of a large swimming pool, braai area, thatched lapas, pool table, darts, soccer table, ping-pong table, Sports TV etc.
- This property is activated with electric-fencing 24/7 and perfect for student accommodation situated only 11kms from all Universities.
- The university shuttle bus can be parked in the large parking area.
- There is a 10-page detailed itemised list of all contents included in this sale.
- The current tenants will be given a 2-month notice period to find alternative accommodation.
Expenses:
Rates and taxes: R 7000 pm
Potential Rental Income of R 119 000 pm