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R1,375,000

Monthly Bond Repayment R14,663.41
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R600

7 BEDROOM HOUSE FOR SALE IN MMABATHO UNIT 12

NSFAS Accredited Student Accommodation Investment Opportunity

This fully furnished, NSFAS-accredited 7-room student accommodation presents a lucrative investment opportunity, perfectly suited for the growing student rental market. Approved to accommodate NSFAS students, the property guarantees consistent rental income and demand.

The property features 3 single rooms and 4 spacious sharing rooms, providing flexible and comfortable housing options for students. The shared kitchen is well-equipped with 3 fridges, 1 microwave, a 4-plate stove, a 2-plate gas stove, and a washing machine to meet the needs of multiple tenants. There are also 2 modern bathrooms for convenience.

Security and maintenance are top-notch, with a dedicated caretaker’s room, a backup water tank, CCTV surveillance, an electric fence, and an alarm system with a panic button.

Located near universities, shopping centres, and public transport, this property is ideally positioned for student living. With NSFAS accreditation, it offers a secure, high-demand rental opportunity, making it a solid investment for steady returns.

Features

7
2
Interior
Bedrooms
7
Bathrooms
2
Kitchens
1
Reception Rooms
1
Studies
1
Furnished
Exterior
Carports / Parkings
8
Domestic Accommodation
1
Sizes
Floor Size
230m²
Land Size
392m²
Extras
24 Hour Access • 24 Hour Response • ADSL • Alarm System • Backup Water • Electric Fencing • Electric Gate • Fibre • Shower, Toilet and Basin • Secure Parking
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

14,663.41

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