Property description
Incredible opportunity for student housing!
The current owner generates an estimated annual income of R640,000 from this property, which features:
* 9 flatlets in total
- 8 two-bedroom flats, each equipped with its own kitchen and bathroom
- 1 one-bedroom flatlet, also complete with its own kitchen and bathroom
Additional amenities include:
* 14 covered parking spaces with shade netting
* CCTV security cameras
* Alarm system
* Electric fencing for enhanced safety
* High visibility location, great for marketing of units/property
* Close proximity to the UP Medical Campus, making it perfect for medical students
* Approved Residential 3 zoning
* Durable aluminium windows
* Remote-controlled electric gate
Don't miss out on this fantastic investment opportunity!
- Flatlet
- Freehold
- Security Features
- Pets Allowed
- Flooring: Tiles
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
