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Vanderbijlpark Se 9, Vanderbijlpark Se 9, Vanderbijlpark, Gauteng
R 1 600 000
This exceptional investment property is situated directly opposite the Vaal University of Technology, making it an ideal location for student accommodation. The property is a fully operational student residence with 8 fully occupied rooms, 2 bathrooms, a shared kitchen, and a comfortable living area. It is equipped with a fully installed solar panel system that powers the entire property, as well as a fully functional water tank reservoir to ensure a reliable water supply during service interruptions. The property currently generates an estimated monthly rental income of R24,500 and has the potential to qualify for NSFAS-accredited student accommodation, with an estimated rental income of up to R36,000 per month, subject to the relevant accreditation requirements. With its prime location, consistent occupancy, and excellent income potential, this is an outstanding investment opportunity for anyone looking to expand their portfolio in the growing student accommodation market. Disclaimer: All information provided is intended as a general guide only and is supplied in good faith. While every effort has been made to ensure accuracy, Compass Professional Property Practitioners Pty Ltd and its agents make no warranties, express or implied, as to the completeness or correctness thereof. Prospective purchasers are advised to verify all information independently and to inspect the property prior to submitting an offer. Compass Professional Property Practitioners Pty Ltd accepts no liability for any loss or damage arising from reliance on this information. All offers are subject to seller acceptance and fulfilment of applicable conditions. Consent: In compliance with the Protection of Personal Information Act 4 of 2013, personal information collected will only be used for the purpose of facilitating the sale of this property and will not be shared with third parties without consent. By enquiring about this property, you consent to being contacted by Compass Professional Property Practitioners Pty Ltd regarding property-related services. You may opt out at any time.
Estimated monthly repayment
R 15 109
on a R 1 440 000 bond over 20 years at 11.25%
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Vanderbijlpark Se 9, Vanderbijlpark Se 9, Vanderbijlpark, Gauteng
Listed by
Pieter Moodley
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