R 19 000 000 | business property for sale in queenstown central

Property Description

Currently accommodating 82 Walter Sisulu University students, this 16 unit commercial property is an investors lucky charm generating approximately R287 000.00 per month. Whether it's apartments for residential accommodation, a hotel, office spaces or you wish to continue accommodating students, the location of this property is what makes it so versatile in it's functionality with little to no extra costs. Shopping malls, schools, clinics and hospitals are all conveniently within a 1km radius of the property. With ample parking space available, any changes made to the current functionality of the property will have no negative effect on the required parking space. 16 UNITS IN TOTAL UNDER ROOF -1 x 5 Bedroom Unit -1 x 1 Bedroom Unit -7 x 3 Bedroom Units -7 x 2 Bedroom Units OUTSIDE -2 x 5000L Water Tanks -80Kw Back Up Generator -Carport Parking For 7 Vehicles -Laundry Room With 4 Washing Machine -Study Area Accommodating 20 Students At Once


Property Details

Purchase Price R 19 000 000

Building Size1300 m2

Price Per SQMR 14615 m2

Type of PropertyBusiness

Land Size1784 m2

Last Updated23 Sep 2026

Property Location

Similar Property in nearby suburbs

Agent

Ndinani Nyamazana

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