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R2,500,000 | 9 Bedroom House For Sale in West Acres

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R2,500,000

Monthly Bond Repayment R24,959.49
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

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Monthly Rates
R1,500

An Investment For A Lifetime!! Student Housing For Acquisition!!!

Selling as a student accommodation that is already operational. Offers 9 Bedrooms & 6 bathrooms. Each student has their own study desk. Property can be easily converted into a guesthouse if desired. Property takes 17 students @ R3 800 per student, which generates R64 600 per month in 10 months you would make R646 000 and at a long term investment of 5 years that is R 3 230 000 which makes much sense for investment. Rates & taxes you pay R1500, Water R2 200 and electricity R4 400.

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Features

9
6
Pets Allowed
No
Interior
Bedrooms
9
Bathrooms
6
Kitchen
2
Reception Rooms
1
Study
1
Furnished
Yes
Exterior
Security
No
Parkings
2
Flatlet
1
Domestic Accomm.
1
Pool
Yes
Scenery/Views
Yes
Sizes
Land Size
992m²
Extras Built in Wardrobes
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-25.4840809, 30.9630229
Charles Thabethe
Charles Thabethe
Candidate Property Practitioner Registered with PPRA
(FFC 1206276)
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Tshepo Mashego
Tshepo Mashego
Candidate Property Practitioner Registered with PPRA
(FFC 1206281)
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1
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