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R320,000 | 2 Bedroom Apartment For Sale in North End

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R320,000

Monthly Bond Repayment R3,412.57
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R238

Cozy Two-Bedroom Apartment –Ideal for Student Accommodation Investment

Property Features:

- Bedrooms: 2, both with elegant wooden floors
- Living Area: Spacious lounge with access to a charming balcony
- Kitchen: Well-equipped for all your culinary needs
- Bathroom: Separate toilet and bath area
- Entrance: Welcoming hallway with wooden floors

This inviting two-bedroom apartment is perfect for investors looking to capitalize on the thriving student accommodation market. The layout offers versatility, with the potential to house five students comfortably. Here’s how:

1. Lounge Conversion: The spacious lounge can be converted into a bedroom for two students.
2. Bedroom 1: Large enough to accommodate two students.
3. Bedroom 2: Smaller and cozy, ideal for one student.

With five students, this property can generate an income of approximately R13,000 per month, depending on the amenities provided.

Location Highlights:

-Conveniently located with excellent transport links - Proximity to Nelson Mandela Bay Stadium - Near Pier Shopping Mall for all your shopping needs - Access to student shuttle services in the area

Price: Negotiable!

This apartment offers an excellent opportunity for a solid investment, providing comfortable living spaces for students and a steady rental income. Don't miss out on this prime investment opportunity!

Features

2
1
Pets Allowed
No
Interior
Bedrooms
2
Bathrooms
1
Kitchen
1
Reception Rooms
2
Furnished
No
Exterior
Security
No
Pool
No
Extras Bath, Toilet and Basin; Balcony; Bath; Basin; Near Bus Service; Toilet
Xabiso Mkaliphi
Xabiso Mkaliphi
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