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GREAT INVESTMENT OPPORTUNITY- SUCCESSFUL STUDENT ACCOMMODATION
R 3,259,000
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6 months ago463 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):300
Parking:Covered
Description
Discover the hidden gem of Summerstrand - a meticulously maintained and incredibly secure facility. Tucked away in a peaceful side of this vibrant suburb in Summerstrand, this is a great investment opportunity.
With accreditation from the NMU and all necessary consents and floor plans already in place, you can rest easy knowing that every detail has been taken care of. And if that wasn't enough, rental contracts for the entire academic year are ready and waiting for you to take advantage of.
But that's not all - the MOA for 2024 has already been negotiated, ensuring that your investment is not only secure, but also set to thrive in the years to come.
As you step inside, you'll be greeted by a main house, as well as a manager's cottage. Pre-paid electricity system. Plus, filtered rainwater on standby for emergency use.
Safety is of the utmost importance here, which is why you'll find several state-of-the-art CCTV cameras strategically placed throughout the property, providing you with peace of mind like never before. And with lightning-fast fiber internet and a select DSTV package.
But perhaps the most exciting part of all is that the furniture is included in the asking price - a true turnkey opportunity that allows your investment to start without any hassle.
Don't miss out on this incredible investment opportunity - seize the moment and make this Summerstrand treasure your very own.
Potential income R42 000 and more.
Give Morne or Jenny now a call to view this exciting investment opportunity.
Industry protocol will apply to all viewings of this property. Every effort has been made to ensure the content of this advert is correct, however no responsibility will be borne for any errors or omissions it may contain.
Property Reference #: 6192932
Agent Details:
Morne Botha
3 Percent Com Properties (PTY) Ltd
81 Erusmas Drive
Summerstrand
Port Elizabeth
6001
With accreditation from the NMU and all necessary consents and floor plans already in place, you can rest easy knowing that every detail has been taken care of. And if that wasn't enough, rental contracts for the entire academic year are ready and waiting for you to take advantage of.
But that's not all - the MOA for 2024 has already been negotiated, ensuring that your investment is not only secure, but also set to thrive in the years to come.
As you step inside, you'll be greeted by a main house, as well as a manager's cottage. Pre-paid electricity system. Plus, filtered rainwater on standby for emergency use.
Safety is of the utmost importance here, which is why you'll find several state-of-the-art CCTV cameras strategically placed throughout the property, providing you with peace of mind like never before. And with lightning-fast fiber internet and a select DSTV package.
But perhaps the most exciting part of all is that the furniture is included in the asking price - a true turnkey opportunity that allows your investment to start without any hassle.
Don't miss out on this incredible investment opportunity - seize the moment and make this Summerstrand treasure your very own.
Potential income R42 000 and more.
Give Morne or Jenny now a call to view this exciting investment opportunity.
Industry protocol will apply to all viewings of this property. Every effort has been made to ensure the content of this advert is correct, however no responsibility will be borne for any errors or omissions it may contain.
Property Reference #: 6192932
Agent Details:
Morne Botha
3 Percent Com Properties (PTY) Ltd
81 Erusmas Drive
Summerstrand
Port Elizabeth
6001
Id Subtitle 1244201856
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Estimated monthly repaymentR 35,319
Total property loan amountR 3,259,000
Total interestR 5,217,324
Total repaymentR 8,476,324
Interest rate at 11.75% 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.
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3 Percent Com Properties (PTY) Ltd
Selling for 2+ years
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