Sunday, October 21

Lucrative student housing in Pretoria

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“The 3722m² freehold property offers excellent exposure and is close to all forms of public transport."

The Pretoria Central business premises with student accommodation on offer at Rawson Auctions’ multi-property auction on July 11 promises to be a popular choice among potential investors.

Tanya Jovanovski, franchisee of Rawson Auctions Western Cape, says:“The 3722m² freehold property offers excellent exposure and is close to all forms of public transport.”

The property is currently used as a training facility.

It consists of a reception area with five offices, eight large lecture rooms, a practical room, four offices for tutors, a library, a kitchen, a stationery, security and printing room, a boardroom, a walk-in safe, two walk-in strongrooms, ablution facilities for males and females and student accommodation for up to 17 students.

“There is ample parking and another house, now used as a canteen and offices, which could be converted to provide more student accommodation.”

The property will be auctioned at noon on July 11 at the Rawson Property Group’s head office at 222 Main Road, Rondebosch. The reserve price is R8.8million but all offers will be reviewed.

All offers should be submitted on Rawson Auctions’ Offer to Purchase form from Rawson Auctions Western Cape on info@rawsonauctions.com or 0218371700. Bids can be delivered to the Rawson Property Group’s Rondebosch head office.

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