Immaculate 8 Bedroom Apartment in a Prime Location!

R 4,500,000

Can I afford this?
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):6+
Bathrooms (#):4+
Description
Investment gem | Move-in ready | Private living

The Ideal Student Accommodation or Commune
Located in one of the most lucrative neighbourhoods of Pretoria, this property has much to offer. Being here means you have quick and easy access to several amenities and to name a few: public transport, University of Pretoria campus (2km), good high schools, shopping centers and malls, restaurants, entertainment centers and main roads leading to Pretoria east and Central and highways.

The apartment has the following features:
- 8 neat and well-spaced bedrooms with built-in wardrobes and private balconies
- 8 ensuite bathrooms each with a shower, basin and toilet and extractor fans
- An open concept kitchen with plenty of built-in cupboards providing great storage space for all occupants, as well as a stove and under-counter oven
- A spacious lounge and dining room - great as a common meeting spot or entertainment
- Special features include Fibre and a prepaid meter for monitored consumption
- Parking is available
- For added safety and peace of mind, there is 24-hour security available and an electric main gate

This 1st floor unit can potentially generate a rental income of +- R44 000 - R60 000 depending on the number of occupants and rent charged. Currently each room is rented out for R5500 with one student each. With the different room sizes, not only can each room's price vary according to size, but some are also great for sharing. Compare the expenses and income and the market prices in Hatfield to determine what works for you. Another factor that could help maximize profits is to provide convenient services for the occupants, e.g. Wi-Fi for students and young adults/professionals.

This property is perfect for growing your portfolio and assets in real estate. It is in an immaculate condition and needs no renovations. At this bargain price it is an opportunity not to be missed in this market. We offer a free pre-approval service for all our buyers. Call, WhatsApp or leave an enquiry below to arrange an exclusive viewing of this stunner and begin the process of securing your dream investment property.

Rates And Taxes: 2300
Levies: 7700
Property Reference #: 3929

Agent Details:
Thando Akor
Duvenhage Properties
620 Schurmanns Ave, Pretoria Gardens, 0082
Pretoria

Id Subtitle 1266523837
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Estimated monthly repaymentR 48,767
Total property loan amountR 4,500,000
Total interestR 7,204,037
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