R 2 150 000
calculate bond costs

6 Bed House in Summerstrand

Contact agent for street address
6 3 779 m² 337 m²

SUMMERSTRAND ESTABLISHED STUDENT ACCOMMODATION FOR SALE

CALLING ALL INVESTORS:

COMMERCIALLY ZONED ESTABLISHED STUDENT ACCOMMODATION

6 bedrooms that can be shared or occupied as single private rooms

Monthly Rental Income: R 36 941

Monthly Expenses: R 10 886,57

Monthly Net Income: R 26 054,07

Yearly Net Income: R 260 540,70

ROI: 12,12%

THE PROPERTY CONSISTS OF THE FOLLOWING :

2 x Lounges

2 x Kitchens with stove

Communal Washing Machine

3 x Bathrooms

Game room

Double garage

Security office

Sunny patio to relax in the sun

Cleaning service for communal area

Each room has a single or double bed & desk

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

Property details

  • Listing number T4738093
  • Property type House
  • Erf size 779 m²
  • Floor size 337 m²
  • Rates and taxes R 4 310

Property features

  • Bedrooms 6
  • Bathrooms 3
  • Lounges 1
  • Garages 2
  • Security Post

Photo gallery