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Cloetesville, Cloetesville, Stellenbosch, Western Cape
R 2 490 000
Great investment -10 rooms fully tenanted and furnished can be converted to student accommodation. This property is tenanted and comes with furniture ( beds, wardrobes, stoves, fridges, microwave and washing machine) Double storey building Upstairs 4 bedrooms, bathroom and kitchen Downstairs 5 bedrooms, bathroom and kitchen Separate outside room with bathroom and kitchen. Work with 12 months leases that are in place currently taking on month to month leases. Monthly income R34.000.00 per month. Currently tenanted by post graduate students and public. Serious investors contact agent for viewing.
Estimated monthly repayment
R 23 514
on a R 2 241 000 bond over 20 years at 11.25%
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Cloetesville, Cloetesville, Stellenbosch, Western Cape
Listed by
Lindiwe Makhanya
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