Investment Property

R 2,190,000

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1 year ago2542 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):669
Parking:Garage
Description
9 bedroomed Student Accomodation with CoJ commune licence and approved plan.
Walking distance to UJ and Campus Square.
On ground floor is 6 bedrooms, lounge,kitchen and 2 separate combined toilets and bathrooms. Option of converting lounge into another 7th bedroom.
On lower floor is 2 bedrooms both with separate toilets, sharing kitchen and bathroom.
Lower floor eastern side is 1 bedroom with its own kitchen and bathroom. Another room on lower floor which be converted also into a bedroom for the caretaker with own toilet and bathroom.
Electricity is prepared in every room.
Parking accommodates 6 cars or more
Potential income of +-R30K per month if fully let.

# Parking: 1
Property Reference #: 1385752

Agent Details:
William Dube
Karis Properties
553 Jacqueline Drive,
Garsfontein,
Pretoria East,
0042
Constantia Park
181
Id Subtitle 1119499719
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Estimated monthly repaymentR 23,734
Total property loan amountR 2,190,000
Total interestR 3,505,965
Total repaymentR 5,695,965
Interest rate at 11.75% for 20 years *
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Karis Properties
Selling for 5+ years
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