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R14,500,000

Investment Opportunity in Pretoria North CBD

Unlock the potential of prime real estate with this lucrative opportunity in the heart of Pretoria North CBD! Presenting a block of flats meticulously designed for optimal rental returns, currently catering to the bustling student population.

Accommodating the growing demand for student housing, this property offers a generous 65 bedrooms and 23 bathrooms, ensuring ample space and comfort for residents.

Equipped with a dedicated laundry room, residents enjoy the convenience of on-site facilities, enhancing their living experience and maximizing occupancy rates.

Each apartment spans approximately 85 sqm, providing residents with spacious living areas ideal for both relaxation and study.

With a monthly rental income of R120,000, this investment promises steady cash flow and attractive returns on your investment, offering financial security and growth potential.

Residents will delight in the proximity to an array of shops and shopping centers, ensuring easy access to everyday essentials and leisurely indulgences.

With transport routes nearby, including bus stops and taxi ranks, getting around the city is a breeze, making it convenient for students and professionals alike.

Positioned close to schools and educational institutions, residents benefit from a conducive environment for learning, fostering academic success and personal growth.

Rest easy knowing that medical facilities are within reach, providing residents with peace of mind and prompt medical attention whenever needed.

Whether you're a seasoned investor seeking to expand your portfolio or a newcomer looking for a promising venture, this block of flats in Pretoria North CBD presents an unmissable opportunity. Don't let this chance pass you by – seize it today and reap the rewards tomorrow!

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
2,552m²
Land Size
2,552m²

Pretoria North, Pretoria

Nestled in the northern foothills of the Magaliesberg revealing marvelous scenery and a tranquil escape, Pretoria North, as the name suggests, is a suburb in the city of Pretoria. The streets are planted abundantly with mystical lavender Jacaranda trees which come to bloom during the months of October and November, changing the landscape of Pretoria North. The area attracts a mixture of young professionals and...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

205,942.72

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