R2,150,000
R2,150,000
Monthly Bond Repayment R22,559.00
Calculated over 20 years at 11.25% with no deposit.
Change Assumptions
R4,310
SUMMERSTRAND ESTABLISHED STUDENT ACCOMMODATION FOR SALE
CALLING ALL INVESTORS:
COMMERCIALLY ZONED ESTABLISHED STUDENT ACCOMMODATION
6 bedrooms that can be shared or occupied as single private rooms
Monthly Rental Income: R 36 941
Monthly Expenses: R 10 886,57
Monthly Net Income: R 26 054,07
Yearly Net Income: R 260 540,70
ROI: 12,12%
THE PROPERTY CONSISTS OF THE FOLLOWING :
2 x Lounges
2 x Kitchens with stove
Communal Washing Machine
3 x Bathrooms
Game room
Double garage
Security office
Sunny patio to relax in the sun
Cleaning service for communal area
Each room has a single or double bed & desk
“The information provided is believed to be true and correct but does not form part of any agreement”
Features
Interior
Exterior
Sizes
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