Short Story

This property is situated close to the central hub of Melville but far away enough to sleep quietly at night.  This property is situated between the two UJ Auckland Park Campus, with each less than a 1km walk to the campuses. The property currently operates as a Guesthouse with 12 spacious ensuite bedrooms, a large industrial kitchen, a laundry room, dining, and a social area with a swimming pool.

Investment Opportunity

  1. Minimum Investment: R1,500.00 (Excluding Once off Acquisition Fees & Service Fees)
  2. Two Investment Options:

 – Option A: Return on Investment (Capital  Gain + Deferred Dividends)30.16%

 – Option B: Return on Investment (Capital  Gain)– 10.38%

[Dividend Options Quarterly 1.75% or Annually 8%]

Auckland Students

by Jack Mthembu

  • R3,830,000.00

    Funding Goal
  • R403,940.00

    Funds Raised
  • 0

    Days to go
  • Goal and Date

    Campaign End Method
Raised Percent :
10.55%
Minimum amount is R1500 Maximum amount is R25000 Put a valid number
R
Auckland Park, South Africa

Jack Mthembu

1 Campaigns | 0 Loved campaigns

See full bio

Campaign Story

This property is situated close to the central hub of Melville but far away enough to sleep quietly at night.  This property is situated between the two UJ Auckland Park Campus, with each less than a 1km walk to the campuses. The property is currently operating as a Guesthouse with 12 spacious ensuite bedrooms, a large industrial kitchen, a laundry room, dining and social area with a swimming pool.

The plans are to convert this property into an upper market student accommodation, housing up to 24 students two sharing a room. The double beds in the rooms will be replaced into single beds or double for single rooms.

With plenty of parking space, secure walls around the property.

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