EXCLUSIVE MANDATE
Web Ref UPR604
R3,450,000
Monthly Bond Repayment R35,610.49
Calculated over 20 years at 11.0% with no deposit.
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Exclusive Investment Opportunity: Student Commune Near NWU Campus
Exclusive mandate
This fully occupied student house, within walking distance of NWU, offers a secure and welcoming environment where students can feel right at home. With a monthly rental income exceeding R50,983 this property essentially pays for itself. NSFAS Accredited with Silver Status, it’s an excellent opportunity for investors seeking consistent returns.
The complex boasts 14 spacious bachelor units, each featuring its own geyser and alarm system. Nine of the units can be easily converted to double rooms for additional income. Most units come furnished with essential amenities including fridges, microwaves, beds, chairs, and built-in cupboards, providing students with the perfect space to relax and study.
For added convenience, there is a laundry area equipped with a washing machine, prepaid electricity meters in each unit, and a secure storage room. The property’s comprehensive security system includes Spot bot 8 cameras and an electric fence, ensuring peace of mind for both students and investors alike.
Included in the rent are fiber and uncapped internet services, perfect for students who need reliable connectivity for their studies. An inverter backup system ensures that the Wi-Fi and security cameras remain operational during load shedding, adding another layer of convenience.
Don’t miss out on this outstanding investment opportunity – contact me today to arrange your private viewing!
This fully occupied student house, within walking distance of NWU, offers a secure and welcoming environment where students can feel right at home. With a monthly rental income exceeding R50,983 this property essentially pays for itself. NSFAS Accredited with Silver Status, it’s an excellent opportunity for investors seeking consistent returns.
The complex boasts 14 spacious bachelor units, each featuring its own geyser and alarm system. Nine of the units can be easily converted to double rooms for additional income. Most units come furnished with essential amenities including fridges, microwaves, beds, chairs, and built-in cupboards, providing students with the perfect space to relax and study.
For added convenience, there is a laundry area equipped with a washing machine, prepaid electricity meters in each unit, and a secure storage room. The property’s comprehensive security system includes Spot bot 8 cameras and an electric fence, ensuring peace of mind for both students and investors alike.
Included in the rent are fiber and uncapped internet services, perfect for students who need reliable connectivity for their studies. An inverter backup system ensures that the Wi-Fi and security cameras remain operational during load shedding, adding another layer of convenience.
Don’t miss out on this outstanding investment opportunity – contact me today to arrange your private viewing!
Features
Pets Allowed
No
Interior
Bedrooms
14
Bathrooms
14
Kitchen
14
Reception Rooms
14
Study
14
Furnished
Yes
Exterior
Security
Yes
Parkings
9
Pool
No
Sizes
Floor Size
406m²
Land Size
999m²
Extras
Alarm System; Driveway; Electric Fencing; Fibre; Backup Battery/Inverter
