9 Bedroom House For Sale in Summerstrand

R2,885,000

Monthly Bond Repayment R30,766.49
Calculated over 20 years at 11.5% with no deposit.

Web Ref No ORL20475

SUMMERSTRAND'S HOTTEST INVESTMENT OPPORTUNITY - POTENTIAL STUDENT ACCOMMODATION PROPERTY FOR SALE

CALLING ALL INVESTORS:
ROOM RENTALS: FULLY TENANTED

THE PROPERTY CONSISTS OF THE FOLLOWING:
X 9 ROOMS

Monthly Rental Income: R39 600
Monthly Expenses: R11 335
Monthly Net Income: R28 265
Yearly Net Income: R282 654
ROI: 9,76%

“The information provided is believed to be true and correct but does not form part of any agreement”

Features

Bedrooms 9
Security Yes
Bathrooms 4
Recep. Rooms 3
Study 1
Garages 1
Land Size 502m²
Carports/Parkings 3
Pets Allowed Yes
Monthly Rates R1,387.00