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Prime Student Accommodation Investment Opportunity
R 3,700,000
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2 months ago126 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Garage
Description
Discover a great investment opportunity with this student accommodation property ideally located within walking distance to the campus. This property features four bedrooms inside the main residence, providing ample space for student living. Additionally, there is a granny flat with two bedrooms and a separate bachelor unit, offering versatile rental options.
Enjoy a steady rental income of R40,000 from this well-positioned student accommodation. The property's four-bedroom main house, coupled with the two-bedroom granny flat and a bachelor unit, caters to the demand for affordable and accessible housing among students. Beyond its proximity to the campus, this investment property is also conveniently close to various amenities, enhancing its appeal to both students and potential tenants. With a balanced approach, this property represents a sound investment in the student housing market.
Property Reference #: LFSH-3887
Agent Details:
Lamla Majolla
Leapfrog Property Group
66 La Belle Vie
Klein Welgevonden
Stellenbosch
7600
Enjoy a steady rental income of R40,000 from this well-positioned student accommodation. The property's four-bedroom main house, coupled with the two-bedroom granny flat and a bachelor unit, caters to the demand for affordable and accessible housing among students. Beyond its proximity to the campus, this investment property is also conveniently close to various amenities, enhancing its appeal to both students and potential tenants. With a balanced approach, this property represents a sound investment in the student housing market.
Property Reference #: LFSH-3887
Agent Details:
Lamla Majolla
Leapfrog Property Group
66 La Belle Vie
Klein Welgevonden
Stellenbosch
7600
Id Subtitle 1264402296
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Estimated monthly repaymentR 40,098
Total property loan amountR 3,700,000
Total interestR 5,923,319
Total repaymentR 9,623,319
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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Leapfrog Property Group
Selling for 2+ years
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