PERFECTLY LOCATED STUDENT ACCOMMODATION - INVESTMENT OPPORTUNITY

R 1,020,000

Can I afford this?
20 days ago46 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):2
Size (sqm):1000
Description
This property is situated opposite the College and offers affordable accommodation for 20 students. The rooms of this four bedroom house have been partitioned to provide privacy to two or three students sharing.
Currently the property needs some TLC and also does not conform to NSFAS standards, yet offers affordable housing within easy access to the College.
The TLC required is mainly the floors which are currently Vinyl covered and upgrading to tiles as well as painting of interior walls, should add appeal to this income generating property.
A large or extended family could also find this property appealing as it also offers a free standing flat - ideal for granny or as a rental.
Priced to GO! So please call now to prevent disappointment!

Rates And Taxes: 790
Property Reference #: 404

Agent Details:
Marie Pentz
Klondyke Properties
60 van Iddekinge Avenue, Fichardt Park, Bloemfontein, 9317
Bloemfontein

Id Subtitle 1272852237
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Estimated monthly repaymentR 11,054
Total property loan amountR 1,020,000
Total interestR 1,632,915
Total repaymentR 2,652,915
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Klondyke Properties
Selling for 4+ years
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