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Hurst Hill, Hurst Hill, Johannesburg Central, Gauteng
R 2 450 000
Student Accommodation Do you have a penchant for profit New Release. Location-location. Bargain 300m from gate 56. Stretch your imagination beyond the boring and mundane.Step into the real thing and spend a little-get a lot. This honeypot has 19 bedrooms, Previously 12 bedrooms were NSFAS accredited and 7 bedrooms cash students. Unfortunately seller could not meet renewal deadline for NSFAS.It''s proximity to the University about 5 minutes walk makes it an attraction to the students.Main house has 6 bedrooms, combined lounge and kitchen and 2 separate bathrooms.Second house has 8 bedrooms, kitchen, relaxing area and 2 bathrooms.Cottage has 5 bedrooms, kitchen and bathroom. In addition the property has back up water tank and laundry area. As usual like other NSFAS accredited properties the place is secure and alarmed. Property currently being rezoned to Res3.If this is the type of investment you are looking for please give me a call to arrange viewing. Show more Show less
Estimated monthly repayment
R 23 136
on a R 2 205 000 bond over 20 years at 11.25%
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Hurst Hill, Hurst Hill, Johannesburg Central, Gauteng
Listed by
Ayanda Mahlangu
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