81-Unit residential development within walking distance to the Potchefstroom University.

R 48,000,000

Can I afford this?
1 year ago164 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Parking:None
Description
Do not miss out on this once-in-a-lifetime investment opportunity! This lucrative property investment is your opportunity to keep the value of your money growing during these inflation times. Already popular with students, this building's rental potential is at maximum.

The Building comprises of the following features:

- Basement: 48 parking bays
- Ground floor parking: 57 parking bays, manager's office and bicycle storage
- 81 Units (Floors 1 - 3): 2,615m2
- 75 x 1-bedroom units: 30/31m2
- 3 x 2-bedroom, 2 bathrooms : 62m2
- 3 x 2-bedroom, 1bathroom: 52m2

Asking price: R48 million (excl VAT)

This is your chance to make your property investment dreams come true. Contact me for more information on this property.

Property Reference #: RL155

Agent Details:
Tumelo Seleka
Fair Properties
6 Eldo Meadows
Eldoraigne
Centurion

Id Subtitle 1191310097
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Estimated monthly repaymentR 520,180
Total property loan amountR 48,000,000
Total interestR 76,843,054
Total repaymentR 124,843,054
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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Fair Properties
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