R29,000,000

55 bedroom business for sale in Philip Nel Park

627 Norman Eaton Ave, Oxford Village, 55
55 Beds
55 Baths
9,423m²
Reduced
55 Units Complex In Philip Nel Park

EXCELLENT INVESTMENT OPPORTUNITY!!!

Don't miss out on this incredible chance to invest in a versatile property that is suitable for both residential and commercial purposes! Perfect for investors, Oxford Village is a secure complex located in Phillip Nel Park, just 1.8km from Tshwane University of Technology (TUT). This complex offers great potential for rental income both from households (couples, families, and working individuals) and student accommodation. Investing in student accommodation is a stable and profitable opportunity, especially considering that the complex receives an annual student accommodation allowance from TUT.

The complex boasts a range of features and benefits, including single and double-storey simplexes, with the option for double-storey bulk. In total, there are 55 units available, with a remarkable 259 student beds. Each unit is thoughtfully designed and includes various sizes, such as 2-bedroom (11m2), 1-bedroom with an open lounge (13.69m2), 2-bedroom (11.05m2), and 3-bedroom (7.4m2) options. With TUT's student allowance amounting to R28,000.00 per annum, the total annual income potential is an impressive R7,252,000.00.

Conveniently located near essential amenities such as hospitals, shopping centers, public transport, easy access to the N1, and just 15 minutes away from Pretoria CBD, Oxford Village offers a prime location for residents and students alike.

Don't let this amazing investment opportunity slip away – contact us now to secure your future in the lucrative property market!

Property Type
Business
Bedrooms
55
Bathrooms
55
Stand Size
9,423m²
Living Area
55
Covered Parking
55
Covered Parking
Yes
Garden
Yes
Available From
25 Aug 2024
Reference
2100878
Address
627 Norman Eaton Ave
Property history
Listed for sale at R29,000,000
06 Feb 2023
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