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Student Accommodation Investment Opportunity in Fauna
R 2,500,000
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6 months ago256 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):3
Size (sqm):1357
Parking:Garage
Description
Welcome to this exceptional investment opportunity, ideally situated in a prime location and accredited by prestigious institutions such as CUT, NSFAS, Eskom, and Transnet. This property is a perfect blend of residential comfort and income-generating potential, making it an ideal choice for savvy investors or large families seeking additional rental income.
The property currently generates an impressive R30,000 per month from three spacious flatlets. Each flatlet features two bedrooms, two bathrooms, and a fully equipped kitchen, providing comfortable and modern living spaces for tenants.
In addition to the flatlets, the main house offers further rental opportunities or a luxurious family home. It boasts four well-appointed bedrooms, two of which are ensuite, along with three bathrooms. An additional room can be utilized as an office or a fifth bedroom, providing flexibility to suit your needs. All bedrooms come with built-in cupboards, ensuring ample storage space.
The open-plan kitchen in the main house is a chef's delight, equipped with an eye-level oven, and both a gas and electric stove. This setup is perfect for creating culinary masterpieces while entertaining guests in the adjoining living spaces.
Outdoor enthusiasts will appreciate the inviting pool area, perfect for relaxation and recreation. The property is also equipped with a JoJo tank, ensuring water efficiency and sustainability.
Parking will never be a concern with a single garage, a double garage, and two carports that can accommodate up to six vehicles. This ample space ensures convenience for residents and visitors alike.
Don't miss the chance to own this remarkable property that combines comfort, style, and significant income potential. Contact us today to schedule a viewing and explore the endless possibilities this property has to offer.
# Office / Study: 1
# Parking: 2
Rates And Taxes: 1800
Has Pool
Has Garden
Property Reference #: 2386019
Agent Details:
Marna Erasmus
@ Home Property Group SA (PTY) LTD
06 Norton street
Fichardtpark
Bloemfontein
9301
The property currently generates an impressive R30,000 per month from three spacious flatlets. Each flatlet features two bedrooms, two bathrooms, and a fully equipped kitchen, providing comfortable and modern living spaces for tenants.
In addition to the flatlets, the main house offers further rental opportunities or a luxurious family home. It boasts four well-appointed bedrooms, two of which are ensuite, along with three bathrooms. An additional room can be utilized as an office or a fifth bedroom, providing flexibility to suit your needs. All bedrooms come with built-in cupboards, ensuring ample storage space.
The open-plan kitchen in the main house is a chef's delight, equipped with an eye-level oven, and both a gas and electric stove. This setup is perfect for creating culinary masterpieces while entertaining guests in the adjoining living spaces.
Outdoor enthusiasts will appreciate the inviting pool area, perfect for relaxation and recreation. The property is also equipped with a JoJo tank, ensuring water efficiency and sustainability.
Parking will never be a concern with a single garage, a double garage, and two carports that can accommodate up to six vehicles. This ample space ensures convenience for residents and visitors alike.
Don't miss the chance to own this remarkable property that combines comfort, style, and significant income potential. Contact us today to schedule a viewing and explore the endless possibilities this property has to offer.
# Office / Study: 1
# Parking: 2
Rates And Taxes: 1800
Has Pool
Has Garden
Property Reference #: 2386019
Agent Details:
Marna Erasmus
@ Home Property Group SA (PTY) LTD
06 Norton street
Fichardtpark
Bloemfontein
9301
Id Subtitle 1323551631
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No. of years
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RECALCULATE
Estimated monthly repaymentR 25,381
Total property loan amountR 2,500,000
Total interestR 3,591,374
Total repaymentR 6,091,374
Interest rate at 10.75% 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.
RECALCULATE
Home Property Group SA (PTY) LTD
Selling for 3+ years
Total Ads215
Active Ads215
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