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House for sale in Summerstrand, Port Elizabeth

R 3,100,000

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Nestled in the heart of Summerstrand, 45 Rubin Crescent is an exceptional student accommodation property that offers not only comfortable living spaces but also comes fully-equipped for seamless operation. Accredited for 12 students, this property presents an enticing investment opportunity with everything needed for the continual running of student accommodation. Each room in this property is thoughtfully furnished and ready for immediate use by students. This property comes fully furnished, ensuring that students have everything they need for comfortable living and study. This sale is truly turnkey, encompassing everything necessary to maintain and manage a successful student accommodation business. From bedroom furnishings to communal area amenities, everything is included, making this property a hassle-free investment opportunity. The property features an upstairs studio apartment with its own private entrance, fully furnished for two students. It includes a bathroom, kitchen, and a spacious sitting area. Another section with its own entrance consists of four bedrooms, fully furnished for communal living. This section offers two bathrooms, a fully-equipped kitchen, and a lounging area. Located on the ground floor, a separate three-bedroom section with a shared bathroom and kitchen is also fully furnished. Adjacent to the three-bedroom section, a two-bedroom unit with a bathroom, kitchen, lounge, and dining area. The property boasts an undercover entertainment area, perfect for social gatherings and relaxation. A substantial rainwater tank with a capacity of just under 20,000 liters ensures a sustainable water supply. For security, surveillance cameras and electric fencing are in place, along with trellis doors for peace of mind. With a proven track record of full occupancy, this property is a lucrative investment. Additionally, it can generate additional income during the December holiday season when it can be rented out to tourists or seasonal visitors. The property also offers an abundance of secure parking spaces, ensuring convenience for residents and their guests. Whether youre an experienced investor or new to the market, this property is designed to provide hassle-free management and a consistent income stream. For more information or to arrange a viewing today. Dont miss out on this exceptional investment opportunity.Rates And Taxes: 5232Property Reference #: 7002001-39642Agent Details:Michael PriceeXp Realty - Steven Johnstone Group1 Apple StreetKenilworthCape Town7708

3mo

Port Elizabeth