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R8,500,000 | 1,606m² Guesthouse For Sale in Amalinda

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Student Accommodation in Amalinda, East London

Discover an exceptional investment opportunity in Amalinda, East London, perfectly tailored for savvy investors seeking a profitable venture in student accommodation. This well-established property is currently operating as a student hostel, housing up to 65 students, making it an ideal choice for those looking for a turnkey investment.

The hostel features 24 spacious flats, with 10 of them boasting en-suite bathrooms, offering convenience and comfort for students. Three designated study rooms or TV rooms provide ample space for students to study and relax. A dedicated laundry room ensures that students have easy access to essential amenities. An on-site office facilitates smooth management and administration of the hostel. The property is equipped with a comprehensive alarm system and surveillance cameras, ensuring the safety and security of residents. Additionally, a large parking area can accommodate up to 15 cars, providing convenience for students with vehicles.

This property represents a significant opportunity for long-term investors seeking a stable and profitable investment. With its prime location, excellent facilities, and proven track record as a student accommodation, this property is poised to deliver consistent returns and sustained growth.

Don't miss out on this incredible investment opportunity in Amalinda, East London. Contact us today to arrange a viewing and take the first step towards securing your future.

Features

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Zoning
Commercial
Title
Freehold
Exterior
Security
Yes
Sizes
Floor Size
1,606m²
Land Size
1,601m²
Extras Accommodation; Alarm System; Electric Fencing; Electric Gate; Guard House
Sarah Ngantweni
Sarah Ngantweni
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