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Student Accommodation Building for Sale !!!
R 8,479,999
Can I afford this?
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9 months ago371 views
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Description
Student Accommodation Building for Sale !!!
If rental income makes you tick, this one is for you!
This building boasts 31 student rooms in 6 Blocks -with an annual income of R1 270 000,you break even only in 7 years on this investment, this is real value for money, all reasonable offers will be considered.
Property Reference #: CL142
Agent Details:
Simon Sehlakgwe
CLE Properties
12 Duffton Way
Aston Manor
Kempton Park
If rental income makes you tick, this one is for you!
This building boasts 31 student rooms in 6 Blocks -with an annual income of R1 270 000,you break even only in 7 years on this investment, this is real value for money, all reasonable offers will be considered.
Property Reference #: CL142
Agent Details:
Simon Sehlakgwe
CLE Properties
12 Duffton Way
Aston Manor
Kempton Park
Id Subtitle 1221987232
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Estimated monthly repaymentR 91,899
Total property loan amountR 8,479,999
Total interestR 13,575,605
Total repaymentR 22,055,604
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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CLE Properties
Selling for 3+ years
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