- 16
- 5
- 393 m2
- 858 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 3874.00
Property description
This exceptional student accommodation property, situated close to the university, comprises two fully tenanted houses on a single erf, offering a combined rental income of R65,000 per month.
Minami House
- 10 individual rooms, each rented at R3,700
- Monthly Rental Income: R37,000
Kita House
- Room 1: R3,700
- Room 2 (shared): 2 rooms at R2,700 each
- Room 3: R3,700
- Room 4: R3,600
- Room 5 (shared): 2 rooms at R3,100 each
- Room 6 (shared): 2 rooms at R3,100 each
- Monthly Rental Income: R28,000
Combined Monthly Income for Both Houses: R65,000. 2025 scheduled to increase. The property was also utilized for holiday accommodation over December/January, ensuring income over 12 months.
This property presents a robust investment opportunity with consistent rental income.
Contact Hagen today for further details or to arrange a viewing.
Property Details
- 16 Bedrooms
- 5 Bathrooms
- 2 Ensuite
- 2 Lounges
- 1 Dining Area
Property Features
- Fence
- Access Gate
- Alarm
- Kitchen
- Built In Braai
- Entrance Hall
- Paving
- Garden
- Family TV Room
| Bedrooms | 16 |
| Bathrooms | 5 |
| Floor Area | 393 m2 |
| Erf Size | 858 m2 |
