Student blocks under hammer
IAN WYLES will be auctioning student accommodation blocks in Bulwer, Berea, on Wednesday at 11am in a live, as well as online, auction.
Numbers 182 and 184 Esther Roberts Road have three single-storey buildings covering the total land extent of 951m².
Building one (182) has:
Six bedrooms with en suite bathrooms. Communal lounge.
Communal kitchen.
Building two (184):
Five bedrooms with en suite bathrooms. Communal lounge.
Communal kitchen.
Building three (184):
Four bedrooms with en suite bathrooms. Communal lounge
Communal kitchen.
The property has excellent security, with both perimeter and electric fencing, and parking for four to six cars.
The property at 12 Esther Roberts Road has two modern, renovated double-storey buildings on a corner stand.
Building one, ground floor:
Seven bedrooms with en suite bathrooms. Communal lounge.
Communal kitchen.
First floor:
Seven bedrooms with en suite bathrooms. Communal lounge.
Communal kitchen.
Building two, ground floor:
Five bedrooms, four with en suite bathrooms. Communal shower.
Communal toilet with wash basin.
Communal kitchen.
First Floor:
Five bedrooms, four with en suite bathrooms. Communal shower.
Communal toilet with wash basin. Communal kitchen.
This property too has excellent security, with clear-view and electric fencing, and parking for 10 to 12 cars.
The blocks are close to all amenities, such as
shopping centres, schools, hospitals and a police station, and have easy access to the R102.
“These properties represent a great opportunity for an investor to generate good cash returns.
“All the hard work in setting up the student accommodation has already been done,” says Andrew Giddy, who is handling the sale.
For more information, contact Andrew Giddy at 082 601 9278 or go to www.ianwyles.co.za.