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"Prime Student Accommodation and Investment Opportunity in Sunnyside"
R 640,000
Can I afford this?15 Photo(s)
7 months ago113 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):3
Bathrooms (#):2
Size (sqm):107
Parking:None
Description
Welcome to an exceptional investment opportunity in the heart of Sunnyside – a well-appointed 3-bedroom, 2-bathroom apartment that's not only perfect as a comfortable living space but also an ideal choice for student accommodation.
Nestled in the vibrant Sunnyside neighborhood, this apartment offers the best of both worlds – a tranquil living environment and convenient access to all the amenities a student could need. The apartment features three spacious bedrooms, providing each resident with ample space for studying and unwinding. The two well-designed bathrooms ensure ease and comfort for all occupants.
What truly sets this apartment apart is its potential for strategic investment in student housing. With an additional room thoughtfully partitioned within the apartment, the property can seamlessly transform into a 4-bedroom layout, perfectly suited for student living. This smart modification opens up opportunities to optimize rental income, catering directly to the student accommodation market.
At present, the partitioned 4-bedroom setup commands a rental income of R7500 – a highly attractive proposition for those looking to invest in student housing. Whether you're an astute investor seeking to tap into the thriving student market or a parent looking for a safe and comfortable living space for your college-bound child, this apartment suits both aspirations.
Picture a cozy 3-bedroom setup, augmented by the potential to earn from a 4-bedroom rental configuration. This Sunnyside apartment seamlessly blends comfort with financial viability, all within the bustling energy of a student-friendly locale.
Embrace the chance to own a slice of Sunnyside's allure while capitalizing on a sound student accommodation investment. Schedule a viewing today and discover the possibilities that await in this versatile 3-bedroom, 2-bathroom apartment tailored for both comfort and student living.
Feel free to adjust this description to align with your preferences and needs. If there are any specific details you'd like to emphasize or customize, please let me know, and I'll be here to assist you further!
Property Reference #: RNR10430
Agent Details:
Floyd Maloba
RealNet Properties
Boardwalk Office Park, Eros Street, Faerie Glen
Block 12, Ground Floor
Nestled in the vibrant Sunnyside neighborhood, this apartment offers the best of both worlds – a tranquil living environment and convenient access to all the amenities a student could need. The apartment features three spacious bedrooms, providing each resident with ample space for studying and unwinding. The two well-designed bathrooms ensure ease and comfort for all occupants.
What truly sets this apartment apart is its potential for strategic investment in student housing. With an additional room thoughtfully partitioned within the apartment, the property can seamlessly transform into a 4-bedroom layout, perfectly suited for student living. This smart modification opens up opportunities to optimize rental income, catering directly to the student accommodation market.
At present, the partitioned 4-bedroom setup commands a rental income of R7500 – a highly attractive proposition for those looking to invest in student housing. Whether you're an astute investor seeking to tap into the thriving student market or a parent looking for a safe and comfortable living space for your college-bound child, this apartment suits both aspirations.
Picture a cozy 3-bedroom setup, augmented by the potential to earn from a 4-bedroom rental configuration. This Sunnyside apartment seamlessly blends comfort with financial viability, all within the bustling energy of a student-friendly locale.
Embrace the chance to own a slice of Sunnyside's allure while capitalizing on a sound student accommodation investment. Schedule a viewing today and discover the possibilities that await in this versatile 3-bedroom, 2-bathroom apartment tailored for both comfort and student living.
Feel free to adjust this description to align with your preferences and needs. If there are any specific details you'd like to emphasize or customize, please let me know, and I'll be here to assist you further!
Property Reference #: RNR10430
Agent Details:
Floyd Maloba
RealNet Properties
Boardwalk Office Park, Eros Street, Faerie Glen
Block 12, Ground Floor
Id Subtitle 1236809194
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Estimated monthly repaymentR 6,936
Total property loan amountR 640,000
Total interestR 1,024,575
Total repaymentR 1,664,575
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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Selling for 3+ years
Total Ads1.25K
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