Web Ref RL214
R1,780,000
Monthly Bond Repayment R18,676.75
Calculated over 20 years at 11.25% with no deposit.
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Investment Property FOR SALE@Orlando West
Student accommodation available for sale in Orlando West,walking distance to the famous Vilakazi Street.
This property is fully UJ accredited and houses 20 students.
Features a lounge,kitchen and entertainment area. Student nsfas rental income is currently at R5 000.00 per student.
This pontentially yields a rental gross income of R1 000 000 per academic year.
Property does need some TLC there and then but it would definitely potentially yield higher Returns On Investment for either student accommodation, Guest House or BnB.
Call Us Today for a Private Viewing of this investment!
This property is fully UJ accredited and houses 20 students.
Features a lounge,kitchen and entertainment area. Student nsfas rental income is currently at R5 000.00 per student.
This pontentially yields a rental gross income of R1 000 000 per academic year.
Property does need some TLC there and then but it would definitely potentially yield higher Returns On Investment for either student accommodation, Guest House or BnB.
Call Us Today for a Private Viewing of this investment!
Features
Pets Allowed
No
Interior
Bedrooms
20
Bathrooms
11
Kitchen
1
Reception Rooms
2
Furnished
No
Exterior
Security
No
Parkings
2
Flatlet
20
Domestic Accomm.
1
Pool
No
Sizes
Land Size
364m²
