Perfect Student Accommodation Investment Property

R 2,173,000

Can I afford this?
5 months ago135 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):3
Parking:Garage
Description
Well maintained 7 bedroom student house for sale.
Accredited with NMMU (Nelson Mandela Metropolitan Univerdsity)
Currently hosting 13 NMMU students.
Fully furnished house with 2x kitchens, 2x lounges and 3 bathrooms.
Double garage with parking for 4 cars.
CCTV Cameras.
Uncapped WIFI
Security alarm system.
Remote control entrance gate.
Burglar bars and security gates.

Property Reference #: RL5399

Agent Details:
Johan Smit
Mandated Property Group
Thornhill Office Park
Building 10
84 Bekker Rd
Vorna Valley
Midrand
1686

Id Subtitle 1247793558
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Estimated monthly repaymentR 23,549
Total property loan amountR 2,173,000
Total interestR 3,478,750
Total repaymentR 5,651,750
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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Mandated Property Group
Selling for 3+ years
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