Student Accommodation | Investment

R 600,000

Can I afford this?
9 months ago203 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):39
Parking:Covered
Description
This property is situated in the heart of Hatfield, a vibrant area known for its proximity to various amenities. It boasts a prime location, being within walking distance from the University of Pretoria, Gautrain station, shopping centers, and other essential services.
The property features one bedroom with built-in cupboards, providing ample storage space. The bathroom is well-appointed and includes a bath, toilet, and basin. For convenience, a full kitchen is present, offering sufficient storage for all your needs, and there is a combined lounge and dining area for relaxation and entertainment.
One of the highlights of this property is its spacious balcony, providing an outdoor area for residents to enjoy. Additionally, the property offers located parking and guest parking, ensuring convenience for both residents and visitors.
Security is a priority for this property, as it is well-secured and gated. There is also the presence of a guard to provide an added layer of safety.
The property's location and features make it an ideal investment opportunity, particularly for those interested in catering to the high demand for student housing in Pretoria. Students from various educational institutions such as Tuks, (University of Pretoria)UP, Varsity College, Eduvos, Damlin, Boston, and more are drawn to this area. Therefore, this property has the potential to yield a profitable income for the investor.
In summary, this property in Hatfield offers a convenient and secure living space, making it an attractive option for both residents and investors alike. Its proximity to educational institutions and amenities ensures a steady demand, making it a promising investment opportunity.

Contact me for more information and viewings.

Property Reference #: RNR9721

Agent Details:
Donnatella Jose
RealNet Properties
Boardwalk Office Park, Eros Street, Faerie Glen
Block 12, Ground Floor

Id Subtitle 1225161798
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Estimated monthly repaymentR 6,503
Total property loan amountR 600,000
Total interestR 960,539
Total repaymentR 1,560,539
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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