“Exceptional” Investment Opportunity: Medical Student Accommodation

Park Village Auctions has proudly announced the availability of 32 units within the popular “Urban Cove” security complex located in the heart of Nelspruit’s medical district.

Clive Lazarus of PVA says the sale represents a lucrative investment opportunity as “the locality and quality of the units are primed for student residence and are particularly geared for those enrolled in health sciences.”

Urban Cove is a reputable residential security complex situated at 2 Van Rensburg St, Sonheuwel Central, Mbombela. It lies within walking distance of the Rob Ferreira Academic Hospital, with the Busamed Lowveld Private Hospital, Nelmed Medicross, Nelspruit Health Centre – Sick Bay, the Stepmed Rehabilitation Centre, Altmed Clinic, and the Department of Health district office in proximity. There are several General Practitioners, Physiotherapy and Optometry practices nearby too.

The apartments are to be sold as one lot and comprise:

• Four units on the ground level of block 8 comprising an open-plan lounge and kitchen, one bathroom and one bedroom.  
• Eighteen units being the entirety of Block 6, which feature an open-plan lounge and kitchen, one bathroom and two bedrooms. Twelve of the units have an additional balcony.
• Ten units in block 5 comprising an open-plan lounge and kitchen, one bathroom and two bedrooms. The upper units have balconies.  
• A single one-bedroom unit (with an open-plan lounge and kitchen, and one bathroom) in block 7.
• Two units in block 4 that feature an open-plan lounge and kitchen, one bathroom, two bedrooms, and a balcony. 

Each unit has an allocated parking bay. The complex boasts a communal braai area, a rooftop social area, laundry, a storeroom, and 24-hour security.

Viewing is to be arranged by appointment by contacting PVA on 011 789 4375 or auctions@parkvillage.co.za.

The auction will be held on Tuesday, the 15^th of November, at 11 am via webcast. To register or find out more, please visit www.parkvillageauctions.co.za, web reference 861.