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R4,270,000

Monthly Bond Repayment R46,274.29
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,600

High-Income Student Accommodation

The property provides a range of housing options including single rooms, sharing rooms, rooms with private bathrooms, and bachelor units, ensuring flexibility to accommodate different lifestyles, budgets and needs.
Residents have access to Three communal bathrooms equipped with essential amenities, ensuring convenience and comfort for all tenants. A communal kitchen is provided, furnished with a stove, fridge, and lockers for students to store their belongings securely.
An outdoor braai area is available for residents to enjoy outdoor cooking and socializing, complemented by a convenient carport for parking.
The property is equipped with CCTV cameras, providing round-the-clock surveillance for enhanced security, Cell 2 Gate services ensure controlled access to the premises, while WIFI connectivity caters to the technological needs of modern students.
This property presents an outstanding investment opportunity, generating a monthly rental income of R86,800. Its strategic location, well-appointed facilities, and capacity to accommodate a sizable number of students contribute to its attractiveness as a lucrative investment.

The property is registered and accredited by the NFSAS (National Student Financial Aid Scheme), meeting the necessary standards and regulations for student accommodation. This accreditation adds credibility and appeal, attracting students who rely on financial aid for housing.

This student accommodation offers easy access to educational institutions, public transportation, shopping centers, and other amenities, enhancing its desirability among prospective tenants.

Seize this exceptional investment opportunity in the thriving student accommodation market. Contact us today to arrange a viewing and secure your stake in this lucrative venture!

Features

23
8
Interior
Bedrooms
23
Bathrooms
8
Kitchens
6
Furnished
Exterior
Carports / Parkings
4
Sizes
Land Size
655m²
 
  • 1
 

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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

46,274.29

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