R810,000
R810,000
Monthly Bond Repayment R8,638.08
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
R450
Location! Location! Build your dream
The only vacant stand on the market in this area at this stage - grab it! It is perfect for an investment to build your dream home on. It is located less than 1 km from VUT and perfectly close NWU as well. There is a huge demand for student accommodation at this stage. Develop this stand into luxurious bachelor pads or 2 bedroom units. Let the rental income pay of the bond! Rooms are currently going at a rate of R 1 950 per month.
The current provision of student housing in South Africa is extremely limited. This equates to approximately 10 University students looking for a place to stay while they study per every one purpose built student housing unit. The Vaal River development zone has an existing estimated student housing shortage of 25 000 beds with a huge demand for purpose built accommodation close to the University. This is your opportunity!
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
