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Investment Opportunity in Prime Location!
R 1,999,000
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General Details
Description
Welcome to your next lucrative investment venture! This spacious property boasts 8 bedrooms, 2 bathrooms, and 2 separate toilets, catering perfectly to student accommodation needs.
Featuring a blend of shared and single accommodation rooms, this property offers versatility and appeal to a wide range of tenants. The communal kitchen ensures convenience for all residents, fostering a sense of community living. Additionally, outside covered entertainment areas provide the perfect space for relaxation and social gatherings.
Currently housing student residents with managed leases in place until November 2024, this property guarantees steady rental income. With an average monthly rental yield of R46,000, you can expect a consistent return on your investment.
Whether you're a seasoned investor or someone looking to enter the real estate market, this opportunity is not to be missed. Act now and capitalize on this prime investment deal!
Make that phone call now to schedule a viewing and secure your future success in real estate.
Property Reference #: 1241295
Agent Details:
Lwazi Masentse
Rawson Properties Bellville Oakdale
176, Durban Road, Bellville, Bellville Central, Western Cape
Featuring a blend of shared and single accommodation rooms, this property offers versatility and appeal to a wide range of tenants. The communal kitchen ensures convenience for all residents, fostering a sense of community living. Additionally, outside covered entertainment areas provide the perfect space for relaxation and social gatherings.
Currently housing student residents with managed leases in place until November 2024, this property guarantees steady rental income. With an average monthly rental yield of R46,000, you can expect a consistent return on your investment.
Whether you're a seasoned investor or someone looking to enter the real estate market, this opportunity is not to be missed. Act now and capitalize on this prime investment deal!
Make that phone call now to schedule a viewing and secure your future success in real estate.
Property Reference #: 1241295
Agent Details:
Lwazi Masentse
Rawson Properties Bellville Oakdale
176, Durban Road, Bellville, Bellville Central, Western Cape
Id Subtitle 1266363438
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Estimated monthly repaymentR 21,664
Total property loan amountR 1,999,000
Total interestR 3,200,194
Total repaymentR 5,199,194
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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Rawson Properties Bellville Oakdale
Selling for 3+ years
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