R4,195,000
R4,195,000
Monthly Bond Repayment R44,736.72
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
R1,635
Income Generator in close proximity to UKZN and DUT, A Must See!
This money generator is Just 1km from DUT Steve Biko Campus and 3km from UKZN Howard College Campus boasting 14 Rooms, 4 kitchens, and 6 communal bathrooms with a total 48 Beds charged at R2,000 monthly rental per bed and a space for an additional 10 beds in the 2 outbuildings this property can generate R116,000 at maximum occupancy. The property comes fully furnished with all the beds, microwaves, fridges, staff and tenants in it. The unit is in a great condition, it also has designated laundry area as well as parking for up to 7 cars through its two entrances. Prepaid electricity meter has already been applied for, however it is still on a municipal account.
If you are looking for an incomes generator look no further!...
Contact me for private viewing .....
Features
Interior
Exterior
Sizes
Extras
Contemporary • Near Bus • Near University/Campus • Closed Circuit TV • Wheelchair Accessible • Near Schools • Kitchen - Extra • Frequency location • On Busy Road • Near Shopping Mall • Brick • Washing Facilities(in building) • Covered Parking • Common Areas • Air Conditioning Unit • Staff Accommodation
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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.