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Tenanted Student House in Stellenbosch
R 2,500,000
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12 days ago39 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):4+
Size (sqm):150
Description
Own a piece of Stellenbosch paradise with this stunning property in Tweespruit Estate!
This unique home boasts 4 tenanted bedrooms generating a reliable monthly income of R26,000 (R6,500 per room). Perfect for investors seeking a high-yield property in a sought-after location. Gross Yield of 12.8%
Tweespruit Estate offers a tranquil lifestyle close to top universities with a town with a housing shortage.
Furniture included in the purchase.
Don't miss out! Contact us today for a viewing. ??
Rates And Taxes: 700
Levies: 2200
Property Reference #: 172
Agent Details:
Heinrich Kapp
Empire Wealth Properties
Studio 1E, Bricklane Avenue, Devonbosch Lifestyle Estate, Bottelary Road, Stellenbosch, Cape Town,
This unique home boasts 4 tenanted bedrooms generating a reliable monthly income of R26,000 (R6,500 per room). Perfect for investors seeking a high-yield property in a sought-after location. Gross Yield of 12.8%
Tweespruit Estate offers a tranquil lifestyle close to top universities with a town with a housing shortage.
Furniture included in the purchase.
Don't miss out! Contact us today for a viewing. ??
Rates And Taxes: 700
Levies: 2200
Property Reference #: 172
Agent Details:
Heinrich Kapp
Empire Wealth Properties
Studio 1E, Bricklane Avenue, Devonbosch Lifestyle Estate, Bottelary Road, Stellenbosch, Cape Town,
Id Subtitle 1279597049
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Estimated monthly repaymentR 27,093
Total property loan amountR 2,500,000
Total interestR 4,002,243
Total repaymentR 6,502,243
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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Empire Wealth Properties
Selling for 12+ months
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