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R490,000
R490,000
Monthly Bond Repayment R5,225.51
Calculated over 20 years at 11.5% with no deposit.
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Monthly Rates
R351
R351
Spacious 4-Bedroom Apartment Ideal for Student Accommodation Investment
Welcome to this spacious 4-bedroom apartment, located on the 4th floor of a well-situated building. This property presents a unique investment opportunity, particularly for student accommodation, with a potential rental income of approximately R10,000 per month.
Features:
Generous Living Space: The apartment offers ample room for relaxation and socializing in its spacious living area, creating a comfortable environment for residents.
Four Well-Sized Bedrooms: With four bedrooms, this apartment is well-suited for accommodating multiple tenants, making it an ideal choice for student housing or shared living arrangements.
Functional Kitchen: The apartment features a kitchen equipped with essential appliances, providing convenience for cooking and meal preparation.
Bathroom and Separate Shower: The presence of both a bathroom and a separate shower adds flexibility and convenience for the occupants.
Bonus Sunroom: A sunroom has been converted into an additional room, providing extra living space or a potential study area.
Important Considerations:
Potential Investment: This apartment presents an attractive opportunity for investors interested in student accommodation. Its proximity to educational institutions makes it a compelling choice for rental income generation.
Unique Character: The surrounding area offers an urban atmosphere with a distinct charm and local flavor. It is important for potential residents to appreciate the cultural diversity and vibrant community that this neighborhood provides.
Tenant Safety: We prioritize the well-being of our residents and encourage them to take necessary precautions to ensure their personal safety. Being aware of their surroundings and adhering to recommended safety practices is advised.
Maintenance Responsibility: As with any property investment, periodic maintenance and renovations can enhance its appeal and rental value. Taking care of the apartment and its surroundings is crucial for creating a comfortable living environment.
We are committed to providing accurate and transparent information. If you have any further questions or would like to schedule a viewing, please don't hesitate to contact us.
Features
Interior
Bedrooms
4
Bathrooms
1.5
Kitchens
1
Reception Rooms
2
Sizes
Floor Size
117m²
Land Size
1,162m²
Extras
Laminated Floors • Double Bed • Patio • Shower • Bath Toiletand Basin • Street Front • Tiled Floors • Lifts
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Disclaimer: While every effort will be made to ensure that the information contained within the RealNet Properties website is accurate and up to date, RealNet Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
