13 Bedroom House For Sale in Brandwag
R2,800,000
Monthly Bond Repayment R29,860.03
Calculated over 20 years at 11.5% with no deposit.
Web Ref No RL16903
Great Investment Opportunity - NFSAS accredited Student Accommodation
Discover a remarkable investment opportunity, offering 13 carefully designed accommodations tailored for student living. This property features a variety of housing options including single rooms, sharing rooms, and three exclusive rooms with private bathrooms, accommodating different preferences and budgets. Residents have access to a communal kitchen equipped with essential appliances such as a stove and fridge, facilitating convenient meal preparation and fostering a sense of community among tenants. Additionally, a communal washing machine is provided for residents' laundry needs, promoting hassle-free living. A shared braai area is available for residents to enjoy outdoor gatherings and relaxation, enhancing the overall living experience. The property boasts a fully functional borehole with a sophisticated filtration system, meeting the requirements set by NFSAS (National Student Financial Aid Scheme).
This property presents an attractive investment opportunity with a lucrative rental income of R51,000 per month. Its prime location and well-appointed facilities make it a sought-after choice among students, ensuring a steady stream of rental revenue for the investor. With a high demand for student housing in the area, this property offers a reliable and stable rental income stream for the investor.
Contact us today to schedule a viewing and secure your stake in this lucrative venture!