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R1,720,000

Monthly Bond Repayment R18,342.59
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Exceptional 13-Bedroom Student Accommodation with Solar Energy, Spacious Yard, and Prime Location.

SOLE MANDATE: This well-appointed, modern 13-bedroom student accommodation property offers an outstanding investment opportunity, ideally situated within walking distance of the Vaal University of Technology (VUT) and close to all local amenities. With its expansive layout, energy-efficient features, and proximity to campus, this property is perfectly designed to meet the needs of today's student renters, while offering long-term value to investors.
Key Features:

13 Spacious Bedrooms: Each generously sized bedroom is designed for student living, featuring ample storage, comfortable sleeping areas, and sufficient space for studying. The rooms are ideal for individual tenants or small groups, with flexible leasing options to maximize rental potential.

3 Modern Bathrooms: The property includes 3 well-maintained bathrooms, equipped with 5 showers and 3 toilets, ensuring convenience for all residents. These shared facilities are strategically placed throughout the house for ease of access.

Energy-Efficient Features: This property is equipped with a solar system with converter and solar panels, providing energy-efficient solutions that help reduce electricity costs. In addition, the house features 1 electric geyser and 1 solar geyser, further enhancing the property's sustainability and reducing utility expenses for tenants.

Spacious Front and Back Yards: The property benefits from a large front and back yard, offering ample outdoor space for recreational activities, social gatherings, or potential future developments. The outdoor area provides a safe and enjoyable environment for students to relax or entertain.

Prime Location: Situated just a short walk from VUT, this property offers unmatched convenience for students. Additionally, it is close to a variety of local amenities, including shops, cafes, public transport, and more, ensuring that all essentials are within easy reach.

Investment Opportunity: With its high rental demand due to its location, energy-efficient features, and large living spaces, this property presents a strong investment opportunity for those looking to enter the student accommodation market.

Why Choose This Property?

This 13-bedroom student accommodation house is a rare find, offering not only a prime location and spacious living but also the added benefit of sustainability through solar energy solutions. The property’s layout is ideal for maximizing rental returns, while the extensive yard space and modern amenities provide students with the perfect living environment.

Contact me today to schedule a viewing or for more information on how this property can be an excellent addition to your portfolio!

Features

13
3
Pets Allowed
Yes
Interior
Bedrooms
13
Bathrooms
3
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
2
Sizes
Land Size
876m²

Vanderbijlpark SE 7, Vanderbijlpark

A town rich in history, vibrant culture and loads of amenities is Vanderbijlpark. Named after Hendrik van der Bijl, an electrical engineer and industrialist, Vanderbijlpark was founded in 1942 when the South African Iron and Steel Industrial Corporation had reached capacity. Alongside Vereeniging and Sasolburg, these 3 towns form the Vaal Triangle, one of South Africa's major industrial regions. Vanderbijlpark sits...
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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:

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

18,342.59

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