UNDER OFFER
Web Ref RL938203
R1,688,000
Monthly Bond Repayment R18,292.97
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
Calculate Affordability | Calculate Bond & Transfer Costs | Currency Converter
Monthly Rates
R700
R700
Great investment opportunity in student accommodation
Located conveniently on Collins Street, Brixton and a walking distance from the University of Johannesburg , shopping centers such as Campus Square and all the surrounding colleges in the area. Easily accessible to public transport. The house is vandalised and maintenance to be spent is R200K. It can take up to 17 students and is accredited by NSFAS. So you can generate R59500 per month or more than R595000 per annum in rental income. The house has 17 rooms, 2 kitchens, 4 bathrooms, and 4 toilets. This property is just waiting for the decorator in you to emerge and spend a little to gain a lot.
Features
Pets Allowed
No
Interior
Bedrooms
17
Bathrooms
4
Kitchen
1
Furnished
No
Exterior
Security
No
Pool
No
Sizes
Floor Size
496m²
STREET MAP
STREET VIEW
Get Email Alerts
Sign-up and receive Property Email Alerts of Houses for sale in None, 11.