377 Lower Main Road – Salt River

ZAR 14,950,000

On street parking

42

42

Walk through this property with my video tour

More Features

Plot Number: 15671

Plot Size: 386 sq.meters

Floor Size: 960 sq.meters

Monthly Rates: ZAR 14,300

Present Rental Income: ZAR 200,000+ per month

Availability: 01 January 2025

Salt River property – ZAR 14,950,000– Property for sale in Salt River

Get a foothold in the ever-growing student rental market.

* 42 Bedrooms, each with an en-suite shower, w/c and hand basin.
* Three fitted kitchens with dining areas.
* Two lounge areas to relax or what television.
* Biometric access control with security cameras all around the property, on the inside and outside, monitored from the reception area.
* Laundry facilities offer washing machines and dryers operating with tokens. There is also an outside washing line area.
* This is a freestanding building in the middle of the different campuses around Observatory. It is within walking distance to AFDA.
* The property is generating a monthly income that can comfortably cover a 100% mortgage, the rental income now in the order of R200,000 per month.
* See the pamphlet at the end of the pictures.

377 Lower Main Road, Salt River

Floorplan

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