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R860,000

Monthly Bond Repayment R8,730.97
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

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Monthly Rates
R2,565

Investment Opportunity! 9-Bedroom Student Accommodation!

Excellent Investment Opportunity: 9-Bedroom Student Accommodation. Located in a convenient and accessible area, this 9-bedroom apartment is ideal for student accommodation and presents a strong investment opportunity. The entire interior is fully tiled, making it easy to maintain and ideal for high-traffic use. Each room is equipped with curtain rails, offering a ready-to-move-in setup that adds comfort and privacy for tenants. Designed with functionality in mind, the property features three indoor showers and a toilet, ensuring sufficient facilities for multiple students. Additionally, there is an outside toilet to further accommodate shared living.

The property is fully walled, providing both privacy and added security—an essential feature for student housing. Prepaid water and electricity meters are installed, giving tenants and the property owner full control over utility usage and costs. A reliable geyser is in place to ensure a steady supply of hot water throughout the property. The layout and features are tailored to meet the daily needs of students, offering a balance of shared living and private space. Whether you're an experienced investor or exploring rental property for the first time, this student accommodation is a valuable asset in a high-demand rental market. Its practical design, combined with security features and low-maintenance finishes, makes it an attractive option for both tenants and landlords. Don’t miss out on this opportunity to own a well-located, income-generating property that’s built for long-term returns.

Features

9
1
Pets Allowed
Yes
Interior
Bedrooms
9
Bathrooms
1
Exterior
Security
Yes
Sizes
Land Size
982m²

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

8,730.97

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