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R1,600,000

Monthly Bond Repayment R17,062.87
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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6 Bedroom 2 Bathrooms Freehold For Sale

Investor’s Dream, Ideal Student Village Property
Discover this exceptional investment opportunity, perfectly designed for student accommodation, with capacity for 14 residents. This property boasts a spacious, fully-tiled kitchen equipped with ample shelving, 2 gas stoves, 2 refrigerators,2 microwaves and a deep freezer—ideal for communal living.
Step outside to the inviting lounge area, complete with a sliding door, providing a seamless transition to outdoor relaxation. The layout includes 5 generously-sized bedrooms, accommodating 2 students each, along with a separate laundry room for added convenience. Enjoy the comfort of two double showers and toilet bathrooms, ensuring all residents have access to essential amenities.
Additional features include a 2-room cottage with a built-in kitchenette and shared bathroom, plus an extra cottage with its own bathroom—perfect for guests or additional rental income. The expansive open yard can comfortably fit 3 cars and offers plenty of space for recreational activities, complemented by a 200-liter Jojo tank for water storage & prepaid electricity.
Located just 1.5 km from UJ, 1.07 km from local doctors' rooms, and 1.8 km from the police station, this property is conveniently situated near schools and public transport, making it an ideal choice for students.
Don’t miss out on this incredible opportunity—Book Your Viewing Now!

Features

6
2
Interior
Bedrooms
6
Bathrooms
2
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
3
Sizes
Land Size
496m²
Extras
Entrance Hall • Common Areas • Veranda • Near Shops • Near Shopping Mall • Near Schools • Near Medical Center
 
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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

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

17,062.87

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