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Potential Investment!
R 2,295,000
Can I afford this?25 Photo(s)
1 month ago122 views
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General Details
Location:
For Sale By:Agency
Description
This large house offers the best of both in the ever-popular Summerstrand with the feel of a Complex. This investment is fully accredited as a student accommodation, within walking distance of the University shuttle pick-up point & University. It can also be utilized as a holiday house over the festive season, as students vacate the premises every end of November till the end of January.
It is conveniently situated 1.1km away from the University, just 1km away from Mercado Centre (Retailer - GROCERIES, RESTAURANTS, PHARMACY, ATM) and more, only 3.1 km away to the famous Beach front, Boardwalk Mall, and 6.4km away from the Airport.
This house has been smartly converted to 6 generously sized bedrooms with 3 bathrooms (1 en-suite) and a separate shower, it is perfect for a savvy investor planning to start or add to their rental portfolio.
Ground Floor
Open plan lounge/kitchen
Bedroom 1 with shower and toilet (en suite)
Bedroom 2
Bathroom
Upstairs
3 Separate bedrooms - different sizes (all with cupboards)
4th Bedroom (it can also be converted to office - this room is not accredited)
Bathroom
Separate shower
Double garage, Pool, Electric fence
Every effort has been made to ensure the content of this advert is correct, however, no responsibility will be borne for any errors or omissions it may contain.
Has Pool
Property Reference #: RL5917
Agent Details:
Nomfundo Masiza
Talana Foot Real Estate
236 Cape Road
Mill Park
Gqeberha
It is conveniently situated 1.1km away from the University, just 1km away from Mercado Centre (Retailer - GROCERIES, RESTAURANTS, PHARMACY, ATM) and more, only 3.1 km away to the famous Beach front, Boardwalk Mall, and 6.4km away from the Airport.
This house has been smartly converted to 6 generously sized bedrooms with 3 bathrooms (1 en-suite) and a separate shower, it is perfect for a savvy investor planning to start or add to their rental portfolio.
Ground Floor
Open plan lounge/kitchen
Bedroom 1 with shower and toilet (en suite)
Bedroom 2
Bathroom
Upstairs
3 Separate bedrooms - different sizes (all with cupboards)
4th Bedroom (it can also be converted to office - this room is not accredited)
Bathroom
Separate shower
Double garage, Pool, Electric fence
Every effort has been made to ensure the content of this advert is correct, however, no responsibility will be borne for any errors or omissions it may contain.
Has Pool
Property Reference #: RL5917
Agent Details:
Nomfundo Masiza
Talana Foot Real Estate
236 Cape Road
Mill Park
Gqeberha
Id Subtitle 1266689519
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Estimated monthly repaymentR 24,872
Total property loan amountR 2,295,000
Total interestR 3,674,059
Total repaymentR 5,969,059
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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Talana Foot Real Estate
Selling for 3+ years
Total Ads493
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