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Calling all investors! Gross rent PM: R 80 000

Introducing an exceptional investment opportunity in student accommodation that stands out in its top-tier quality and lucrative returns.

This distinguished property consists of 20 meticulously designed rooms, each leased at a minimum of R 4,000 per month per room. The accommodation is thoughtfully organised into 2-bedroom and 3-bedroom units, featuring well-equipped kitchenettes. Adding to the convenience, each unit is equipped with its own electricity prepaid meter.

For discerning investors, comprehensive cash flow documentation is readily available upon request, attesting to the robust financial performance of this investment. The property is strategically located on a serene and secure road with controlled access, ensuring a peaceful and protected environment.

In order to fortify the integrity of the investment, all individual leases are meticulously secured through agreements with the students' parents, creating airtight contractual arrangements. This ensures a stable and predictable revenue stream for investors. Also offering a borehole, and luscious garden with a swimming pool.

Features

20
9
Interior
Bedrooms
20
Bathrooms
9
Kitchens
4
Reception Rooms
5
Exterior
Carports / Parkings
5
Security
Yes
Pool
Yes
Sizes
Land Size
1,981m²

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

63,938.72

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