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R6,990,000

Monthly Bond Repayment R75,751.12
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

PRIME DEVELOPMENT PROPERTY - EXCLUSIVE STUDENT HOUSING !

Welcome to a once-in-a-lifetime opportunity to transform this Prime Development Property into exclusive student housing! Located next to other Prime Developments approximately 400 meters from the University gate.


Town Planning Perfection:
• The groundwork has been meticulously laid with rezoning almost completed, which will streamline the development process for 66 bachelor flats and provision for 27 secure parking spaces.

Currently, the property features two dwellings featuring 22 bedrooms and 12 bathrooms and is generating a current rental income. For more information regarding the CURRENT DWELLINGS please contact the Agent.
Investment Potential:

The ever-growing demand for student accommodation situated within walking distance of academic institutions cannot be overstated.
This property perfectly aligns with this demand.
As students seek accommodation that complements their educational journey, investing in a property that fulfills this essential need is not just a financial decision but a step towards fostering students’ success.

In closing, RealNet Properties, Bloemfontein, is dedicated to adding value to your current investment portfolio. Our experienced team is committed to ensur a rewarding experience as you secure this remarkable property as part of your portfolio to create a prime development with a Huge Potential future income.

Phone Jeanette now to schedule a private viewing and witness the beginning of a new chapter in your success story!

Features

21
12
Pets Allowed
Yes
Interior
Bedrooms
21
Bathrooms
12
Kitchens
2
Reception Rooms
4
Exterior
Carports / Parkings
15
Security
Yes
Pool
Yes
Sizes
Land Size
3,007m²

Universitas, Bloemfontein

Universitas is a Latin word meaning "the whole of the Universe." Centrally located in Bloemfontein and widely known since both the Free State University as well as the Universitas Training Hospital is situated in the area. Popular schools are also found here such as Grey College and Eunice Girls School. Numerous churches, guesthouses and shopping centres are in place to service the residents. The suburb...
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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

R
%

Monthly Payment

75,751.12

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