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Sale
Sale

Perfect Buy To Let / Student Accommodation

Apartment / Flat
|
MXR18854
615000
Well priced well located spacious two bedrooms that's a perfect investment for those retirement days slowly sneaking close by. Located across the road from Elangeni Technical College its a very attractive investment opportunity. This property offers two spacious bedrooms with built ins, a fitted kitchen, open plan dining and lounge area with estimated potential rental income of R10 000pm or more depending how you strategically place your tenants. Example you can easily place two single beds per bedroom at a going rate of R2500pm per student per bed. The rent can cover the repayments which makes real financial sense. Obtaining the best possible deal on your bond is a crucial part of maximising the return on a buy to let investment. Currently this property is occupied by two tenants per bedroom at a rental of R3750 per room sharing with a total income of R7500 pm multi tenants is a big business in the area ask any experienced landlord. To avoid unnecessary stress installing pre paid lights & water would be great idea. Think smart think ahead. REASONABLE OFFERS WELCOMED
  • Bedrooms:
    2
  • Bathrooms:
    1
  • Kitchens:
    1
  • Garages:
    0
  • Carports:
    1
  • Land Size:
    2061
  • Floor Size:
    75
  • Security:
    Yes
  • Furnished:
  • View:
  • Pets Allowed:
  • Lounges:
    1
  • Dining Rooms:
    1
  • Domestic Rooms:
    0
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Overview
Apartment / Flat
Condominium
Apartment
Commercial
Land
Sale
For Rent
2
Bedrooms
1
Bathrooms
1
Parking Spaces
75
Sq Meters
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Eva Pigden

SalesAgent
About Me

Phone

+27722881153

Office

40 Maurice Nichols Rd, Hatton Estate, Pinetown, 3610, South Africa

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Property Code:
MXR18854
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