Student House Ready to Move in for Investment Opportunity

R 2,350,000

Can I afford this?
3 months ago72 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):1561
Parking:Covered
Description
Student House Ready to Move in for Investment Opportunity

Excellent investing opportunity with this Student House ready to move in and get your investment portfolio started!
Need a student managing agent, I've got that for your too!
Perfect location, with current 9 bed house with everything you need to set up your students.
Furniture optional for negotiations.

A well-maintained and spacious 5-bedroom house with common kitchen, wash-up area, living room with fire place, dining room and bathrooms and 3 separate flats with own kitchen and bathroom. Outside braai and entertainment area with a swimming pool (not working condition currently - need to fix or close down - Swimming pool (13x6m²). Bonus borehole for all water needs . Ample and covered parking space.

Each room/flat in and out of the house are installed with own alarm system for extra security and safety. The entire property is surrounded with fencing and burglar bars or security fencing.

A beautiful peaceful and well maintained garden with lots of private courtyards and outside space for students to have some privacy and enjoy the fresh air.

Ready to become an investor and earn passive income? Call me for viewings.

Rates And Taxes: 2100
Has Pool
Has Garden
Property Reference #: 2194765

Agent Details:
Wendy vd Westhuizen
Mikaya Real Estate
94 Victoria Road
Parkwest
Bloemfontein
Parkwest
Bloemfontein

Id Subtitle 1257110161
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Estimated monthly repaymentR 25,468
Total property loan amountR 2,350,000
Total interestR 3,762,108
Total repaymentR 6,112,108
Interest rate at 11.75% for 20 years *
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