81 Cawood Street, North End, Port Elizabeth / Student Accommodation For Sale (Going Concern)

Find this well located, well structured and equipped Student Accomodation, on Transport Route, situated in North End, by Pier 14, Port Elizabeth comprising of;
DESCRIPTION
34 rooms,
17 single rooms & 17 sharing rooms,
51 beds in total (51 students),
2 kitchens (top floor & ground floor),
2 bathrooms (top floor & ground floor),
1 tv room (top floor),
1 study (ground floor),
1 laundry (downstairs),
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ROOMS
all rooms are carpeted,
all rooms with wardrobes, food shelves, study tables and chairs (51),
all rooms with beds and mattresses (51),
all rooms with lockable doors with keys (51).
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BATHROOMS (all new)
7 toilets (top floor (4) & ground floor (3)),
10 basins (top floor (4)& ground floor (6),
8 showers (top floor (4) & ground floor (4).
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KITCHENS (all new) - top floor & ground floor
6 Defy stoves ,
2 Hisense double door fridges,
2 Samsung microwaves,
4 double sinks.
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LAUNDRY
3 washing machines,
1 dryer.
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TV ROOM
42 inch TV with chairs.
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STUDY ROOM
with fitted chairs.
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OTHER
CCTV camera,
Keypad access,
Braai Area,
Internet Access Point,
3x 150 litre geysers,
7kw Alliance Heat Pump
Alarm system with Outdoor Beams
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MORE
Rate per student (current) - R3 050,00 income based on 2020 NSFAS rate,
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WHAT YOU NEED (as per personal standards) - current owner to share current - MONTHLY EXPENSES/BUDGET
electricity & water - R250,00 per student,
security (*3 security guards to rotate),
cleaner + cleaning material (2 cleaners to rotate),
maintenance fund account / expense/reserve,
student entertainment (own discretion).
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ACCREDITATION
done in October 2020 for 2021
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