20 Bedroom Apartment Block For Sale in Isipingo Rail
R8,498,000
Monthly Bond Repayment R92,093.43
Calculated over 20 years at 11.75% with no deposit.
Web Ref No 4723556
INVESTMENT OPPORTUNITY - STUDENT ACCOMMODATION .
Perfect for an INVESTMENT opportunity for someone that is building their PROPERTY portfolio . Let your investment earn you an extra income .
This block of flats is ideal for student accommodation or one could take over the current leases .
This complex comprises of 20 FLATS which is as ff 16 Units have two bedrooms, open plan lounge, dining room, kitchen, bathroom, single parking , pre paid meters for lights and water 3 Units have one bedroom ,open plan lounge, dining room, kitchen, bathroom, single parking, pre paid meters for lights and water . 1 Unit is used for staff accommodation .
There are 16 units that is currently been rented out with an income of +-R 90 000 per month . Your investment is already earning you an income that can assist you with your bond repayments . Close to all amenities. Think smart and make the smart move by giving me a call to view .