Web Ref RL7825
R3,600,000
Monthly Bond Repayment R37,773.21
Calculated over 20 years at 11.25% with no deposit.
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Monthly Rates
R9,583
R9,583
Calling on investors - Student Commune available within walking distance to NWU
This exceptional property offers a lucrative rental income of R47,833.00 per month and boasts a range of impressive features designed to attract and retain tenants.
The complex comprises 14 private bachelor units, each equipped with its own geyser, ensuring a reliable hot water supply.
70% of the units is fully furnished with essential items including fridges, microwaves, beds, chairs, and built-in cupboards, providing a comfortable living experience.
Tenants will appreciate the fiber and uncapped internet services included in the rent, as well as the inverter backup system that keeps the Wi-Fi and security cameras operational during load shedding.
The property also features a convenient laundry area with a washing machine, prepaid electricity meters in each unit, a spacious store room, and a comprehensive security system with Spot bot 8 cameras and an electric fence surrounding the complex. With Silver NSFAS status, the property is particularly appealing to students.
Secure rental contracts are already in place, ensuring a steady income stream.
Contact me today to arrange your private viewing and seize this outstanding investment opportunity.
The complex comprises 14 private bachelor units, each equipped with its own geyser, ensuring a reliable hot water supply.
70% of the units is fully furnished with essential items including fridges, microwaves, beds, chairs, and built-in cupboards, providing a comfortable living experience.
Tenants will appreciate the fiber and uncapped internet services included in the rent, as well as the inverter backup system that keeps the Wi-Fi and security cameras operational during load shedding.
The property also features a convenient laundry area with a washing machine, prepaid electricity meters in each unit, a spacious store room, and a comprehensive security system with Spot bot 8 cameras and an electric fence surrounding the complex. With Silver NSFAS status, the property is particularly appealing to students.
Secure rental contracts are already in place, ensuring a steady income stream.
Contact me today to arrange your private viewing and seize this outstanding investment opportunity.
Features
Pets Allowed
No
Interior
Bedrooms
14
Bathrooms
14
Kitchen
14
Reception Rooms
14
Furnished
Yes
Exterior
Security
No
Parkings
9
Pool
No
Extras
Invertor; Solar Panels
