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R3,000,000

Monthly Bond Repayment R29,951.40
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R4,800

Modern NSFAS-Accredited Student Housing

This well-maintained and modern student accommodation is NSFAS Grade A accredited and is ideally positioned on a large 1,937m² stand, offering ample space and potential for future expansion. It is designed for student comfort, convenience, and productivity. The property features 10 single bedrooms, each equipped with a built-in cupboard, study desk, and single bed, providing students with a personal and functional space to live and study. There are 3 bathrooms in total, which include 4 showers and 3 toilets—ensuring students have access to sufficient sanitary facilities without overcrowding.

The communal areas include a fully functional kitchen and a TV room, offering a comfortable environment for cooking, dining, and relaxation. These shared spaces promote social interaction while maintaining a home-like atmosphere. Additional features include a secure storeroom and a large yard with space for future development. All furniture is included in the sale (excluding the freezer), making this a move-in-ready investment opportunity. This property is ideal for investors or institutions looking to expand their student accommodation portfolio in a high-demand area.

Features

10
3
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
3
Kitchens
1
Reception Rooms
1
Furnished
Exterior
Security
Yes
Flatlet
1
Sizes
Land Size
1,882m²

In the news

STANDER'S TEAM COMES OUT TOPS!
"EXCELLENT service without exception... always!" That is the motto of Benita Stander, the principal/director of Castello Properties trading as DPG - Gary Mann Estates, the ace Gauteng-based branch of the Dormehl Phalane Property...
 
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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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

29,951.40

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