BIG Investment Opportunity. Do NOT miss out !
Original 2 Bedroom Apartment for Sale. The Apartment has been renovated is in fair - good condition.
This Apartment has being converted as student accommodation can accommodate up to 6 Students - located in Pretoria, Sunnyside near the University of Pretoria other Study Institutions.
Inside:
2 Bedrooms :
Living Room:
Partially Divided to accommodate for an additional room.
*each bedroom has a small division [dry wall] fitted for privacy can accommodate two students/ Converted to 3 Bedroom in total*
Bathroom :
Two Showers
Toilet
Basin
Kitchen
Outside:
Access Control Security
By buying this Property you NOT only buy a property but Investment [business], including the option:
1. to Continue with the current tenants
2. To include Furniture at an additional cost.
The property will automatically pay for it self with the current layout/ use of the property. See Below an estimate:
Purchase Price: R 370 000 [Loan Amount]
Monthly Repayment over 20 year on Prime Rate [11.75%]: R 4 010.00
Current Rental Income for whole Apartment [**furnished**]: R 13 200
Transfer Bond Costs: R 35 000 on estimate.
Levies, Rates Taxes, Water Electricity p/m:
Levies: R 1721
Rates Taxes: R 170
Water: R 370
Electricity: R 1 000
*Total: R 3 261.00* [expenses]
Investment Potential:
R 3 261.00 [Expenses] + [R4 010.00 Bond Repayment]
*Main Total: R 7 271*
Estimated Profit: R 5 929.00 [on estimate]
*Please Note the above is only a close estimate*
Contact us today to arrange your private viewing.