Outstanding Return on Investment For Student Accommodation Investors, Offered By This Unique Prop...

R 1,785,000

Can I afford this?
7 months ago167 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):500
Description
More unbeatable student accommodation property investment value brought to market by The Burgers @ ZaProp

Besides this being great property value in itself, student investors will clearly understand the excellent investment returns offered by this property package

Two properties on one 500 square meter stand. Ideally located on the corner of Fulham and Isleworth, in the heart of the student accommodation centre of Brixton. Conveniently close to main road shopping, all local campuses and public transport

Property is neat, functional, well-maintained and very well secured. Fully surrounded by very high walls, electric fence and with only a single, secure pedestrian entrance to the property

With two separate dwellings on the same stand, it offers double communal facilities for students. So two, well-fitted kitchens and four bathrooms, servicing the 13 student rooms – 9 in the one and four in the other

Currently comfortably accommodating 15 students – in 11 single and 2 double rooms. Rooms are spacious and offer potential for possibly increasing this rental income

Property also offers a nice, secure courtyard for outdoor student enjoyment. And enough communal washline facilities, etc

All rooms currently let. Property is not accredited. However very well-established, fully furnished and being sold as a complete package

Asking: R1 785 000

For Further Information Or Viewing Enquiries:

Has Garden
Property Reference #: 2191565

Agent Details:
Clayton Burger
ZA Prop JHB South
99 True North Road, Mulbarton

Id Subtitle 1238365334
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Estimated monthly repaymentR 19,345
Total property loan amountR 1,785,000
Total interestR 2,857,602
Total repaymentR 4,642,602
Interest rate at 11.75% for 20 years *
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ZA Prop JHB South
Selling for 2+ years
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