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R1,680,000

5323 Studios On Park, 5 Verreweide

Monthly Bond Repayment R18,206.28
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R2,300
Monthly Rates
R670

Affordable, Upmarket Student Living on Green Route

Fantastic investment opportunity awaits with this semi-furnished, spacious bachelor apartment! Generating an impressive rental income of R 126,000.00 per annum in 2024, this unit promises lucrative returns for investors. Situated on the secure 2nd floor with double glazed tilt & turn doors for added safety, tenants will feel reassured by onsite security guards, electric fence, CCTV surveillance, and controlled access.

Conveniently located within walking distance to campus, Studios on Park offers communal amenities including a kitchen, lounge, laundry, outdoor braai area, and access to Die Weides Park. Tenants benefit from weekly room cleaning and complimentary fibre internet, ensuring high occupancy rates and consistent rental income.

Don't miss out on this exceptional investment opportunity! Contact me today for more information or to schedule a viewing. Joint Mandate

Features

0.5
1
Interior
Bedrooms
0.5
Bathrooms
1
Kitchens
1
Studies
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
26m²

Stellenbosch Central, Stellenbosch

Stellenbosch is a charming and historic town located in the Western Cape province of South Africa. It is situated in the Cape Winelands region and is known for its picturesque streets, beautiful views, and delicious wines. The town is a popular destination for retirees and families, offering a relaxed and peaceful lifestyle. Stellenbosch is home to many recreational activities and amenities, including golf...
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In the news

Should you invest in student accommodation?(Stellenbosch)
At South African universities and colleges, a massive gap exists between the demand for accommodation on campuses and the available spaces in the official residences. With more and more students being accepted every year, this...
 
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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

18,206.28

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