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R1,800,000

Monthly Bond Repayment R19,195.73
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R3,000

Spacious Student Accommodation in Westbourne

Calling all property investors that have appetite to invest in property to come witness this investment opportunity in a conveniently situated area.

Property Feature:

Accommodation: 13 rooms accommodating up to 26 students
Bathrooms: 6 bathrooms for shared use
Kitchen: Fully equipped, communal kitchen
Study Area: Dedicated space for focused learning
Living Room: Comfortable lounge area for relaxation
Laundry Room: Convenient laundry facilities on-site
Security: Wendy house for security personnel, complemented by CCTV cameras surrounding the property
Water Supply: 2 large Jojo tanks with pressure pumps ensure reliable water supply
Additional Space: Ample space at the back for future extensions or additions.

Location: Situated within walking distance to town, this property offers students the convenience of nearby amenities and easy access to educational institutions.

This is an excellent investment opportunity for those looking to own student accommodation in a prime location. Contact me today for more details or to arrange a viewing!

Features

13
6
Interior
Bedrooms
13
Bathrooms
6
Kitchens
1
Reception Rooms
2
Studies
2
Exterior
Carports / Parkings
2
Flatlet
5
Sizes
Land Size
1,339m²

Westbourne, Queenstown

Introduction Welcome to Queenstown, an elegant town situated in the interior of South Africa's Eastern Cape province. Renowned for its history, beautiful landscape and vibrant community, Queenstown is a mix of urban amenities in a village setting. A Brief History of the Area The town known as Queenstown has a deep-rooted history that dates to 1853 when it was founded as a military camp during the...
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

19,195.73

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