DURBAN – iQ Brooklyn is a new upmarket student accommodation with apartments priced below R1 million.
With no transfer costs to pay, this development presents an attractive investment opportunity. The development was launched in 2018 and is expected to be completed by November 2019.
"This is a secure development offering a value-added luxury living option, at affordable prices, for students who do not wish to reside in an ordinary residence," said Ilma Brink, Pam Golding Properties Pretoria regional development sales and commercial property manager.
The development at 128 Brooks in Brooklyn, Pretoria East will have a total of 340 units. The first phase of the development will have three blocks and the second phase will a two blocks.
The studio apartments start at R995 000, while one bedroom apartments are priced at R1.4 million and two bedroom apartments sell for R1.6 million. There are also packages that include furniture.