SOLE MANDATE
Web Ref PTR1468
R550,000
Monthly Bond Repayment R5,865.36
Calculated over 20 years at 11.5% with no deposit.
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Monthly Levy
R1,305
R1,305
Monthly Rates
R588
R588
EXCELLENT INVESTMENT OPPORTUNITY IN BEREA📍 - 2 Beds Student Accommodation Apartment FOR SALE
EXCELLENT INVESTMENT OPPORTUNITY IN BEREA📍 - 2 Beds Student Accommodation Apartment FOR SALE, AVAILABLE NOW!
Selling Price: R550,000
Presenting a stunning Student Accommodation Apartment in the heart of Berea, one of the most central and sought-after neighborhoods in the vibrant city. This apartment is a golden investment opportunity, already providing a monthly income with currently 4 students paying R2,100 rent each. With more room to accommodate more, this investment gets even more attractive when other comparative units are demanding higher rents.
The apartment boasts two big size bedrooms 🛏🛏 filled with natural light, promoting a conducive studying environment. Sharing space is made easier with a well apportioned layout that provides space and privacy. The fully fitted kitchen 🍽 allows for independent student living, and an attached balcony 🌞 adds charm and offers a pleasant outdoor space or converted into an extra room.
The location is strategic, being in close proximity to all amenities. Your new tenants can access DUT and Berea Centre, offering convenience and attracting student tenants. This investment’s lucrative nature is only intensified by the locking gate access, ensuring safety 🔒and peace of mind for landlords and tenants alike.
Though in overall good condition, slight renovations may be required for enhancing its appeal even further. An opportunity not to miss for serious buyers, underscored by a serious seller aiming for a straightforward sale. Please note: access to the apartment requires just 1 flight of stairs.
Unit Size : 58m2
* Rates : R588
* Levies: R1,305
Don't wait, book a viewing today, and take the first step towards securing your investment property in Berea!
Selling Price: R550,000
Presenting a stunning Student Accommodation Apartment in the heart of Berea, one of the most central and sought-after neighborhoods in the vibrant city. This apartment is a golden investment opportunity, already providing a monthly income with currently 4 students paying R2,100 rent each. With more room to accommodate more, this investment gets even more attractive when other comparative units are demanding higher rents.
The apartment boasts two big size bedrooms 🛏🛏 filled with natural light, promoting a conducive studying environment. Sharing space is made easier with a well apportioned layout that provides space and privacy. The fully fitted kitchen 🍽 allows for independent student living, and an attached balcony 🌞 adds charm and offers a pleasant outdoor space or converted into an extra room.
The location is strategic, being in close proximity to all amenities. Your new tenants can access DUT and Berea Centre, offering convenience and attracting student tenants. This investment’s lucrative nature is only intensified by the locking gate access, ensuring safety 🔒and peace of mind for landlords and tenants alike.
Though in overall good condition, slight renovations may be required for enhancing its appeal even further. An opportunity not to miss for serious buyers, underscored by a serious seller aiming for a straightforward sale. Please note: access to the apartment requires just 1 flight of stairs.
Unit Size : 58m2
* Rates : R588
* Levies: R1,305
Don't wait, book a viewing today, and take the first step towards securing your investment property in Berea!
Features
Pets Allowed
No
Interior
Bedrooms
2
Bathrooms
1
Kitchen
1
Furnished
No
Exterior
Security
No
Parkings
2
Pool
Yes
Sizes
Floor Size
58m²
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