Retail For Sale in Braamfontein, P.O.A. #1952379
Braamfontein » Johannesburg » Gauteng

Mixed Use - Retail & Student Accommodation

Ref # 1952379
POA

Property Details

  • 3,000m²

This Student accommodation property is situated in the heart of Braamfontein, within walking distance to WITS Campus. The property has a penthouse on the 7th Floor which is used as the office.

- 117 Beds

- 97 Rooms

- 6 Shops

- 1 x Penthouse (7th Floor)

- Rent / Shop R 7,780.00 / Month

- Monthly Recoveries is R 3,750.00 / shop

- Total Fee per student is R 39,500.00 for the 2019 Student Year

- NSFAS pays R 34,000 / student and the student pays R 5,500.00

- Monthly Rates R 11,000.00

- Registration Fee per student is R 1,000.00

- 2 x Cleaners

- One live-in Caretaker

- Wi-Fi

- Maintenance contract with Schindlers for the Lifts

- Each floor has a kitchen with a T.V.

Property Features

  • Property Type Retail
  • Building Size 3,000m²

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  • Howard Lichter
  • Property Broker