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R2,200,000 | 8 Bedroom House For Sale in New Park

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R2,200,000

Monthly Bond Repayment R22,708.14
Calculated over 20 years at 11.0% with no deposit. Change Assumptions

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Monthly Rates
R1,600

Student Accommodation Investment Property

This fully accredited NSFAS student accommodation property is a rare find for avid investors. Currently fully occupied and operating under a valid student housing contract, it offers consistent income with minimal operational expenses.

The property features 7 bedrooms, including 1 en-suite and 3 shared bathrooms and a seperate laundry area. Spacious living and indoor braai is practically designed for minimum traffic in the house. The spacious Kitchen boasts ample storage and practical for multiple accommodation.

This property is ideally located in a sought-after area close to amenities, major tertiary institutions and transport links

This is a turnkey investment with a strong rental history and low vacancy risk. Whether you're expanding your portfolio or stepping into student housing, this property is a reliable income-generating asset.

Features

8
3.5
Pets Allowed
No
Interior
Bedrooms
8
Bathrooms
3.5
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Security
Yes
Pool
Yes
Sizes
Land Size
334m²
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-28.748720799999997, 24.7538053
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