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R640,000

Monthly Bond Repayment R6,715.24
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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"Prime Student Accommodation and Investment Opportunity in Sunnyside"

Welcome to an exceptional investment opportunity in the heart of Sunnyside – a well-appointed 3-bedroom, 2-bathroom apartment that's not only perfect as a comfortable living space but also an ideal choice for student accommodation.

Nestled in the vibrant Sunnyside neighborhood, this apartment offers the best of both worlds – a tranquil living environment and convenient access to all the amenities a student could need. The apartment features three spacious bedrooms, providing each resident with ample space for studying and unwinding. The two well-designed bathrooms ensure ease and comfort for all occupants.

What truly sets this apartment apart is its potential for strategic investment in student housing. With an additional room thoughtfully partitioned within the apartment, the property can seamlessly transform into a 4-bedroom layout, perfectly suited for student living. This smart modification opens up opportunities to optimize rental income, catering directly to the student accommodation market.

At present, the partitioned 4-bedroom setup commands a rental income of R7500 – a highly attractive proposition for those looking to invest in student housing. Whether you're an astute investor seeking to tap into the thriving student market or a parent looking for a safe and comfortable living space for your college-bound child, this apartment suits both aspirations.

Picture a cozy 3-bedroom setup, augmented by the potential to earn from a 4-bedroom rental configuration. This Sunnyside apartment seamlessly blends comfort with financial viability, all within the bustling energy of a student-friendly locale.

Embrace the chance to own a slice of Sunnyside's allure while capitalizing on a sound student accommodation investment. Schedule a viewing today and discover the possibilities that await in this versatile 3-bedroom, 2-bathroom apartment tailored for both comfort and student living.

Feel free to adjust this description to align with your preferences and needs. If there are any specific details you'd like to emphasize or customize, please let me know, and I'll be here to assist you further!

Features

3
2
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Sizes
Floor Size
107m²
Extras
Bath Toiletand Basin • Shower Toiletand Basin • Balcony • Lifts

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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

6,715.24

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