Accredited Student Accommodation just Metres from NMU

ZAR 2,550,000
  • 9 Bedrooms
  • 3 Bathrooms
  • 938 m² Plot surface

Description

This charming Victorian style modern home is situated in Ivana Street, Summerstrand and is West/East facing. The home is currently rented out for student accommodation and offers 9 single rooms and 3 bathrooms. A total of nine students are renting. The accommodation is registered with NSFAS as B Grade accommodation. Special consent is in place for student accommodation. Income and expenses statements are available for serious buyers. There is a central lounge and dining room with open plan kitchen. The newly converted rooms share a small kitchenette. There is a large outside covered entertainment area with built in braai. The garden is low maintenance. Fiber is installed in the house. There is off street, secure parking for two cars behind a sliding gate. Terms - all student accommodation furniture and appliances are included in the sale price. No new leases will be signed for 2025 with the current owner. Located just 980metres from the Nelson Mandela University Main campus and 300metres from Gomery Avenue for transport, this investment property is in the perfect location to cater for students' needs. Summerbreeze Super Spar is under 2km's from your front door. Pollock Beach and Something Good Roadhouse is just 5 minutes down the road. Invest now before the new academic year begins. Please call me to book a private appointment.

Features
GarageGarden
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Engel & Völkers Port Elizabeth

Your advisor: John Munro

Property ID: ENV186759

Property details

Property type

House

Bedrooms

9

Bathrooms

3

Garages

4

Plot surface

938 m²

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Engel & Völkers Port Elizabeth

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Provider:

Port Elizabeth

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Commission details

Agent's Professional Fee is included in the price advertised.

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