Web Ref JRL36466
R5,000,000
Monthly Bond Repayment R49,082.16
Calculated over 20 years at 10.25% with no deposit.
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An Investment For A Lifetime !!! Student Housing For Acquisition !!!
This Masterpiece Student Accommodation has a potential of taking 64 students!! The Property offers 28 bedrooms. 18 outside flats each with its own kitchen and ensuite bathroom. Main house has 10 rooms with 6 en-suite bedrooms and 2 guest toilets. This Property is zoned for business. Property has a study area and a game area for entertainment. Main house has 1 kitchen, dining room and storage room. Property has 4 jojo tanks, water pump and a Generator. This is an ideal for investment purposes, When completed it can easily accommodate 64-students, 64 x R3850 per student is R246 400 per month, in a good year that will be R246 400 x 10 months = R2 464 000 per annum in 5 years you would have doubled your money to R12 320 000. This is a very lucrative business for any business guru, It makes much business sense.
Do Not Miss the chance to invest for anything, Schedule your viewing by appointment only.
Do Not Miss the chance to invest for anything, Schedule your viewing by appointment only.
Features
Pets Allowed
No
Interior
Bedrooms
28
Bathrooms
20
Kitchen
9
Reception Rooms
2
Study
1
Furnished
Yes
Exterior
Security
No
Domestic Accomm.
1
Pool
No
Scenery/Views
Yes
Sizes
Land Size
780m²
Extras
Accommodation; Bath, Toilet and Basin; Backup Water; Cooling Fans; Double Storey; Generator; Safe; Water Tank
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Charles Thabethe
Candidate Property Practitioner Registered with PPRA(FFC 1206276) Show number View my listings WhatsApp
Tshepo Mashego
Candidate Property Practitioner Registered with PPRA(FFC 1206281) Show number View my listings WhatsApp
