R1,780,000
5751 Pimville Zone 5, 63 Mpondonde Street, Pimville Zone 5, Soweto
Monthly Bond Repayment R18,676.75
Calculated over 20 years at 11.25% with no deposit.
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Monthly Rates
R707
R707
Fully furnished, fully let student accommodation for sale
Excellent business for serious investor, this property is accredited to accommodate up to 17 students from University of Johannesburg.
With each student currently paying R4,500 you can earn up to R76,500 per month in rental income.
You are welcome to take it for cash or property finance, please note though that if you finance it then the banks will want at-least a 20% deposit or more because this is a business being sold with all furniture, not a home.
If interested then give us your details and we will gladly give you a call to set a viewing appointment.
With each student currently paying R4,500 you can earn up to R76,500 per month in rental income.
You are welcome to take it for cash or property finance, please note though that if you finance it then the banks will want at-least a 20% deposit or more because this is a business being sold with all furniture, not a home.
If interested then give us your details and we will gladly give you a call to set a viewing appointment.
Features
Pets Allowed
No
Interior
Bedrooms
10
Bathrooms
7
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Security
No
Pool
No
Sizes
Floor Size
280m²
Land Size
320m²