NEW
Web Ref ORL42171
R5,000,000
Monthly Bond Repayment R49,918.99
Calculated over 20 years at 10.5% with no deposit.
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Monthly Rates
R2,870
R2,870
CALLING ALL INVESTORS : ESTABLISHED STUDENT ACCOMMODATION FULLY ACCREDITED WITH NSFAS
43 x Student beds (female only)
Projected monthly income R167 136.50
Operational expenses R83 940.71
Net Income R83 195.79 (Monthly)
Cap Rate of 16.64%
Floor space 628sqm
Zoning Residential 3
Accredited with NSFAS since January 2017
3 x 5000L water tanks with pump connected to the property.
“The information provided is believed to be true and correct but does not form part of any agreement”
Projected monthly income R167 136.50
Operational expenses R83 940.71
Net Income R83 195.79 (Monthly)
Cap Rate of 16.64%
Floor space 628sqm
Zoning Residential 3
Accredited with NSFAS since January 2017
3 x 5000L water tanks with pump connected to the property.
“The information provided is believed to be true and correct but does not form part of any agreement”
Features
Pets Allowed
No
Interior
Bedrooms
29
Bathrooms
10
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Security
Yes
Pool
No
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