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R7,800,000

R7,800,000

84 Bedroom Apartment Block For Sale in Danville
84
Bedrooms
29
Bathrooms
Sole Mandate
Print

Corner stand with prime development options

Web Ref. RL9918
Land size 4553.00 m²
Floor size 3286.00 m²
Monthly Bond Repayment
R77,873.63
Danville is a prime located suburb, not only with various school options, shopping centres, and other amenities but also due to its ease of access from major arterial routes via the R55 and N4. A major investment opportunity for this specific location is the Tshwane University of Technology (TUT) located a mere 5km away which makes it perfect for student accommodation!

This property in summary has the following value-adds on offer:
1) 2371 square meter main building double storey -
* 84 rooms
* 26 bathrooms and 29 toilets
* 3 bathrooms with large baths
* 3 large staircases + 2 narrow staircases
* elevator and reception area

2) 869 square meter single-story building and outbuildings -
* Large kitchen
* Dining hall
* Lounges
* Offices
* Laundry
* Staff ablutions
* Storerooms

Additional extras include: Smoke detectors, CCTV network, emergency lights, and sufficient fire-fighting equipment.

An upfront valuation on this property was done based on the Income Capitalisation method and took into account the current condition of the property, location, and level of demand in the area. All detailed letting options and other calculations can be discussed in person and by strict appointment only. Call me today to discuss your investment opportunity.

Features

Interior
84 Bedrooms
29 Bathrooms
1 Kitchen
4 Lounges
1 Dining Room
2 Studies
Exterior
17 Parkings
1 Flatlet
Security
Domestic Accom
Sizes
Land Size 4,553 m²
Floor Size 3,286 m²
Additional Amenities
Lobby in Building
Covered Parking
Dining in building
Electric Fencing
Security
Extractor Fan
Intercom
Guard
Listing Info
Date Listed 02-02-22
Time Listed 16:03

Danville, Pretoria

Google map for 84 Bedroom Apartment Block For Sale in Danville

Disclaimer

While every effort will be made to ensure that the information contained within the Just Imagine Properties website is accurate and up to date, Just Imagine Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.