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A rental property that is a student accommodation development for sale. Investing in this type of real estate will be very profitable as more and more students from all over the world come to South Africa. You get a unique opportunity to invest in the development of residential real estate for students located in Cape Town.
The ready student accommodation business for sale is primarily aimed at meeting the housing needs of local students and offering them 1 or 2 bedroom apartments with an area of about 27-35 square meters. This complex is located in an attractive area and consists of four floors with residential-type premises. On the ground floor, there are restaurants, a supermarket, an ATM, a laundry, and other premises.
In the past few years, the regions of the Western Cape have seen significant increases in residential property values, which are higher than those in other provinces are. In most areas, this increase is due to the fact that students are housed in well-known educational institutions.
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