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Student Housing For Acquisition.
R 3,850,000
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1 month ago67 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Parking:None
Description
Selling as a student accommodation that is already operational. Offers 12 Bedrooms, 1 Store room, 1 Study room, and each student has their own study desk. Property is less than 5km from TUT institution. 28 beds @ R4500 per bed. Which generates R126 000 per month in 10 months you would make R1 260 000 at a long term investment of 5 years that is R6 300 000 which makes much sense for investment.
Call Us Today For Your Exclusive Viewing!!!
Property Reference #: JRL17114
Agent Details:
Charles Thabethe
Jawitz Properties
Unit 78 Block 11
Sonpark Centre
1 Faurie Street
Sonheuwel
Call Us Today For Your Exclusive Viewing!!!
Property Reference #: JRL17114
Agent Details:
Charles Thabethe
Jawitz Properties
Unit 78 Block 11
Sonpark Centre
1 Faurie Street
Sonheuwel
Id Subtitle 1270086200
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Estimated monthly repaymentR 41,723
Total property loan amountR 3,850,000
Total interestR 6,163,454
Total repaymentR 10,013,454
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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Jawitz Properties
Selling for 3+ years
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