R1,100,000
Monthly Bond Repayment R10,982.17
Calculated over 20 years at 10.5% with no deposit.
Change Assumptions
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Monthly Rates
R966
R966
CALLING ALL INVESTORS : ESTABLISHED STUDENT ACCOMMODATION FULLY ACCREDITED WITH NSFAS
8 x Student beds (female only)
Projected monthly income R34 600
Operational expenses R15 551.94
Net Income R19 048.06 (Monthly)
Cap Rate of 17.32%
Floor space 217sqm
Zoning Residential 3
Accredited with NSFAS since January 2017
Situated on one of the iconic streets of Port Elizabeth
“The information provided is believed to be true and correct but does not form part of any agreement”
Projected monthly income R34 600
Operational expenses R15 551.94
Net Income R19 048.06 (Monthly)
Cap Rate of 17.32%
Floor space 217sqm
Zoning Residential 3
Accredited with NSFAS since January 2017
Situated on one of the iconic streets of Port Elizabeth
“The information provided is believed to be true and correct but does not form part of any agreement”
Features
Pets Allowed
No
Interior
Bedrooms
4
Bathrooms
2
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Security
No
Pool
No
Sizes
Floor Size
217m²
Land Size
250m²
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Xavier Salsone
Candidate Property Practitioner Registered with PPRA(FFC 202570039500000) Show number View my listings WhatsApp
Sebastien Brazeau
Principal Property Practitioner Registered with PPRA(FFC 2023261699) Show number View my listings WhatsApp
