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R2,299,000

Monthly Bond Repayment R24,122.40
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Investment Opportunity: Fully Furnished & Ready for Tenants

Student Residence for Sale – 1km from UKZN Main Campus
This fully registered student residence, located just 1km from UKZN, offers a fantastic investment opportunity. Currently accommodating 13 tenants, the property features 9 rooms inside the house and a separate outside unit with a kitchenette and bathroom.
Key Features:Automated double garage with remote accessSwimming pool for tenants to enjoyIncludes furniture and appliances: 3-piece lounge suite, 2 TVs, lounge table, fibre router, DSTV decoder, UPS system, 2 fridge freezers, 2 microwave ovens, beds, kettle, electric stove, gas stove, and a double hot plate for the outside unit.
With steady student rental income and prime location near the university, this property is an excellent turnkey investment.

Features

9
6
2
Interior
Bedrooms
9
Bathrooms
6
Kitchens
1
Reception Rooms
1
Furnished
Exterior
Garages
2
Security
Yes
Flatlet
1
Pool
Yes
Extras
Built in Wardrobes • Near Public Transportation • Washing Facilities (in apartment) • Gas Oven • Near Hospital • Near Highway • Near Schools • Fireplace Room • Alarm System • Safe Location • Garage with Automatic Door • Open fire • Appliances Included • Entrance Hall • Garage • 2 Car Garage • Near University/Campus
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty 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.

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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

24,122.40

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