Monthly Bond Repayment R46,396.87
Calculated over 20 years at 11% with no deposit.
Web Ref No TPR20670
Fully occupied student house in high demand area
Spacious property situated on a corner plot with open plan lounge and dining room. The property currently boasts of 15 bed income of R4500 per student that brings in R67 500 gross rental income with the potential to have another 3 beds income. The net income is R45 000 pm. The property also comes with a house father that is maintaining the property very very well. Newly painted with recreational area with pool table and fully fenced. Tenants is CPUT and UWC students (NSFAS ). Located close to public transport.
Features
Bedrooms 6
Bathrooms 4
Recep. Rooms 3
Study 1
Garages 2
Land Size 1,000m²
Carports/Parkings 6