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INVESTMENT OPPORTUNITY - STUDENT ACCOMMODATION

R 1,880,000

Can I afford this?
18 hours ago10 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):3
Size (sqm):1946
Parking:Garage
Description
A spacious double - storey home designed to offer the perfect blend of comfort functionally and community living an ideal choice for students.

Exceptional double story student accommodation home with income - generating potential.
The spacious 6 bedrooms double storey home in Reservoir hill is perfect for investors looking for student accommodation with an asking price of R2 million but negotiation.

This property offers a great great opportunity to generate rental income as it is NSFAS approved for 16 students.

Call Now To View!!!

Has Pool
Property Reference #: RL15901

Agent Details:
Philie Kortjass
Prop247
Shop 9E Chartwell Centre
15 Chartwell Drive
Umhlanga Rocks
4320

Id Subtitle 1361685850
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Estimated monthly repaymentR 19,087
Total property loan amountR 1,880,000
Total interestR 2,700,714
Total repaymentR 4,580,714
Interest rate at 10.75% for 20 years *
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