Accredited Student Accommodation in walking distance from NMU

This modern golden facebrick home is situated in Ivana Street, Summerstrand and is South/North facing and only 950 metres to Nelson Mandela University. The accommodation is certified with NSFAS as A grade. Special consent is in place for student accommodation. Income and expenses statements are available for serious buyers. The home is currently rented out for student accommodation and offers 11 single rooms and 5 bathrooms and 2 kitchens in separate wings. A total of 8 students were renting this year. There is a separate manager's flat. South Wing There are 5 bedrooms and 2 shared bathrooms. Each bedroom has their own kitchenette. A central lounge is available for the students’ common use. North Wing 6 bedrooms and 3 interleading shared bathrooms offer comfortable living for students, with a central open plan kitchen and lounge. Manager’s Flat The spacious , East facing flat offers 1 bedroom and 1 full bathroom, a large lounge cum dining room with modern galley kitchen. There is a spacious patio that borders on the public space with a built in braai with sliding doors. There is one central laundry room with top loader washing machine for all students to use. There are cameras in all public spaces for student safety. Fiber is installed in the house. The garden is low maintenance and there is a storage shed for garden implements and house supplies. ADDED BONUS : The borehole is a major bonus and has triple filters and is plumbed into the house. There is a double garage and off street parking. Terms - all student accommodation furniture and appliances are included in the sale price. Furniture and appliances in manager's flat does Not form part of the sale. No new leases will be signed for 2025 with the current owner. Ideally situated just 950metres 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.