The Seller is VAT registered and the purchase price excludes VAT. If the Buyer is registered as a VAT vendor, the sale will be a going concern and VAT will be NIL

75 x Student beds (female only)
Projected monthly income R317 200 (student and retail combine)
Operational expenses R81 636
Net Income R235 564 (Monthly)
Cap Rate of 20.94%
Floor space 1662.56m2
Zoning Business 1
Accredited with NSFAS since July 2024
3 retail tenants on the ground floor generating approximately R17 200/month
Solar panels, inverter, and battery available
Operational lift
24-hour security
3 sets of kitchen, bathroom and shower room (one on each floor)
No municipal plans and occupation certificate available

“The information provided is believed to be true and correct but does not form part of any agreement”