5 Bedroom House for sale in Modimolle

CASH-FLOWING STUDENT ACCOMMODATION INVESTMENT Opportunities like this do not come onto the market often. Positioned in the sought-after Paul Kruger area of Modimolle, this established student accommodation and rental property offers an investor the opportunity to acquire a fully operational income-producing asset with immediate cash flow from day one. Currently generating approximately R39 000 per month rental income, the property is being sold lock, stock and barrel, including furniture, appliances and accommodation equipment required to continue operating the business. A major advantage is that the property currently benefits from the NSFAS-funded student accommodation market, with approximately two years of NSFAS funding allocation still remaining, offering investors added income security and a proven tenant demand base. Set on a generous 1,230m2 stand,...