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Offers Welcome!!!! - Great Investment - Accommodates 50 Students!!!!
R 4,800,000
Can I afford this?
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Description
Are you searching for a lucrative investment opportunity in the heart of a vibrant student community? Look no further! We are excited to present to you a remarkable commercial property that is perfectly suited for accommodating 50 students and promises exceptional returns Of 100K on your investment.
Property Highlights:
Strategic Location: This commercial property is strategically located in close proximity to several renowned universities and colleges, ensuring a steady demand for student accommodation. Easy access to public transportation and amenities makes it an attractive choice for students.
Spacious Accommodation With a capacity to house up to 50 students, this property offers generous living space, including comfortable bedrooms, communal areas, and study zones. The layout is optimized to maximize occupancy and rental income.
Steady Rental Income: The demand for quality student accommodation remains consistent year-round, ensuring a steady stream of rental income. Plus, long-term leases can provide stability and peace of mind for investors.
Located in a growing and thriving academic hub, this property offers the potential for long-term appreciation in value, adding to your overall return on investment.
Investing in student accommodation is a smart choice, and this property offers an exceptional opportunity to enter this lucrative market.
Don't miss out on the chance to secure your financial future with a dependable and profitable investment.
Contact us today to schedule a viewing. This is your chance to own a piece of the thriving student housing market - seize it now!
Property Reference #: 11029
Agent Details:
Nerry Pillay
PROprop
Dura Office Park, Unit 1, 90 Escom Road, New Germany, Durban
Property Highlights:
Strategic Location: This commercial property is strategically located in close proximity to several renowned universities and colleges, ensuring a steady demand for student accommodation. Easy access to public transportation and amenities makes it an attractive choice for students.
Spacious Accommodation With a capacity to house up to 50 students, this property offers generous living space, including comfortable bedrooms, communal areas, and study zones. The layout is optimized to maximize occupancy and rental income.
Steady Rental Income: The demand for quality student accommodation remains consistent year-round, ensuring a steady stream of rental income. Plus, long-term leases can provide stability and peace of mind for investors.
Located in a growing and thriving academic hub, this property offers the potential for long-term appreciation in value, adding to your overall return on investment.
Investing in student accommodation is a smart choice, and this property offers an exceptional opportunity to enter this lucrative market.
Don't miss out on the chance to secure your financial future with a dependable and profitable investment.
Contact us today to schedule a viewing. This is your chance to own a piece of the thriving student housing market - seize it now!
Property Reference #: 11029
Agent Details:
Nerry Pillay
PROprop
Dura Office Park, Unit 1, 90 Escom Road, New Germany, Durban
Id Subtitle 1257064281
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Estimated monthly repaymentR 52,018
Total property loan amountR 4,800,000
Total interestR 7,684,306
Total repaymentR 12,484,306
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 12+ months
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