Quality student accommodation value, perfectly located, for sale in Brixton

R 1,250,000

Can I afford this?
3 months ago69 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):3
Size (sqm):570
Description
Another great investment property proposition brought to market by The Burgers

This property is uniquely well-suited for student accommodation purposes. It effectively offers 5 separate dwelling structures, conveniently developed around a central courtyard area, on one well-secured 570 square meter stand

The property is ideally located on Collins Street, close to the main road, centre of town, Garden City Clinic and so ideal in terms of access to all local campuses

The property has been vacant for some time. So is in definite need of upgrade and some development, in order to bring it up to suitability for purpose

However it’s been priced taking this requirement into account. So represents outstanding investment potential. Expected to accommodate around 20 students and so representing what we believe to be unbeatable investment returns for student investors willing to undertake the required renovations

As mentioned, it’s a unique student accommodation offering. That needs to be personally viewed, in order to be fully appreciated

To arrange a viewing or for further information on the property, contact Andre or Clayton

Rates And Taxes: 500
Property Reference #: 2156964

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

Id Subtitle 1256666909
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Estimated monthly repaymentR 13,547
Total property loan amountR 1,250,000
Total interestR 2,001,122
Total repaymentR 3,251,122
Interest rate at 11.75% for 20 years *
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ZA Prop JHB South
Selling for 2+ years
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