Business Opportunity: Student Accommodation- To Let
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.
Welcome to Mthatha, a vibrant city in South Africa's Eastern Cape province. Known for its rich culture, historical significance, and modern amenities, Mthatha offers a unique experience whether you're planning to stay long-term or just visiting. The city boasts a warm, welcoming atmosphere with plenty of activities and attractions to explore.
A Brief History of the Area
Originally known as Umtata, Mthatha has...
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