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October 2024 - View Online
Featured Property
Web Ref CL1112
R118 per m²
Gross Monthly Rental
R25,000 Excl. VAT
Lease Period:
48 months
Availability:
Immediately
Deposit:
R25,000
Annual Escalation:
10 %
Lease Includes
Municipal rates
Lease Excludes:
Electricity, water and security
- -
211m² Guesthouse To Let in Ikwezi
Ready to occupy student accommodation: TO LET!!!

This fully functional student accommodation is available for let, offering 9 bedrooms that accommodate 2 students per room, 5 bathrooms, a TV room, study, backup tank, generator plug point, and a guard room. Furniture, some appliances, and bedding are included in the rent.

This business opportunity is ideal for someone with a contract but looking for more space, a business person who just got an accommodation contract, someone looking to venture into the hostel space, or someone looking to venture into the accommodation space, whichever direction they choose to embark on.

Tutu Ndamase Avenue, which provides easy and smooth access to town, is a short distance from the property. A number of amenities such as churches and schools are within a 2km radius from the property.

The tenant will be responsible for water, general maintenance, and security.
The landlord will be responsible for municipal rates.

The property is zoned for business.

The landlord is happy to accept a long lease with a right of first refusal clause included in the lease if the landlord opts to sell.
View this property online
Property News
How much rent should you charge?
Those looking to let out their property often have difficulty determining an accurate and fair rental price. There are many factors to consider and if you don't assess your property value correctly, you could end up overcharging or undercharging and neither are a situation you want to be in. Here are the most...
Published 18 Oct 22
Are you a good Tenant?
A quarterly statistical examination of the South African residential rental sector, nearly 40% of tenancy applications were categorised as "high risk" or "very high risk" in the first quarter of 2019. For landlords and management agents, wasting time, energy, and money on tenants who will fail on rental payments or...
Published 18 Oct 22
View all news articles
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