118 Bedroom house in Arcadia For Sale

R 43,975,000

Can I afford this?
6 months ago325 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):2556
Description
Magnificent Art Deco Apartment Block, constructed over 2 erven, situated across the road from the Union Buildings. Ideal for Student Accommodation or Investment. It is in close proximity to Universities and Learning Institutions, This Full Title property consists of 80 Apartments each offering a closed verandah which could be used as an additional bedroom. Currently offering the following:

1 x 46m2 x 1 bedroom unit
37 x 59m2 x 1 bedroom units
10 x72m2 x 1 bedroom units
22 x 94.55m2 x 2 bedroom units
3 x 99.16 x 2 bedroom units
3 x 106m2 x 2 bedroom units
3 x 148m2 x 3 bedroom units
1 x 139m2 x 2 bedroom cottage which would be ideal for Caretaker/Manager
In addition the property's hot water is serviced by Heat Pumps therefore no Geysers and high Electricity costs.
It also offers an Elevator and undercover parking as well as secure off street parking.

Call to arrange your private viewing now!


Property Reference #: ENT0218078

Agent Details:
Sybil Moldovanos
KW Action
267 West Avenue, Die Hoewes, Centurion, Gauteng, 0157

Id Subtitle 1239327338
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Estimated monthly repaymentR 476,561
Total property loan amountR 43,975,000
Total interestR 70,399,444
Total repaymentR 114,374,444
Interest rate at 11.75% for 20 years *
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