NSFAS Approved Student Accommodation Building in Brixton Less than 1km from UJ

R 5,800,000

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8 months ago597 views
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General Details
Description
This Property was developed in 2020 to serve as an up-market student accommodation.
The building Offers 26 en-suite single rooms;
Currently it accommodates NSFAS and other Bursary Students;
Uncapped internet data system with inverter back up;
The property is fitted with a borehole which supplements the municipal water point. There is a water purifying system with a big JO-JO storage unit;
The hot water system has the capacity to deliver hot water continuously for 24 hours even in times of load shedding;
In the Communal areas the lights are connected to motion detectors, this is an energy saving mechanism and convenient for students not worrying about switching lights on and off;
The security includes a two-point access control, panic buttons, armed response, electric fence and camera surveillance;
The students have a washing area with washing machines for their laundry on the premises.

Walking distance to Ripley Road APK Campus.

Rates And Taxes: 4956
Property Reference #: 429

Agent Details:
Tessa Aggenbacht
Cycad Estates
West Rand, Johannesburg

Id Subtitle 1226115992
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Estimated monthly repaymentR 62,856
Total property loan amountR 5,800,000
Total interestR 9,285,203
Total repaymentR 15,085,203
Interest rate at 11.75% for 20 years *
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Cycad Estates
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