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7 Bedroom House For Sale in Westdene

R2,150,000

26 Ararat Street

Monthly Bond Repayment R23,299.70
Calculated over 20 years at 11.75% with no deposit.

Web Ref No ALB-RS00863

GREAT INVESTMENT OPPORTUNITY

Calling all investors! Looking for a passive income with a good return on investment? I have just the option for you!
Well positioned in the established suburb of Westdene is this 7 bedroom house. Currently offering student accommodation with University of Johannesburg accreditation. The property has communal rights and can accomodate 7 students at a rate of R5 000.00pm.
The house features 7 bedrooms with two bathrooms, both fitted with showers, basins and toilets.
There is communal kitchen and lounge area. The property is being sold with the furniture.

In the back of the property a slab with a foundation has been laid with approved plans to construct a second dwelling.

The projected net monthly income is R25 620.00 with an annual ROI of R237 440.00
Please don't hesitate to contact me to arrange for an appointment to view.

Gail Henning, Registered with the PPRA as a Candidate Property Practitioner under Real Royal Commercial Properties (Pty) Ltd t/a Century 21 Alberton, registered with the PPRA as a Business Practitioner, who does not operate a trust account.

Features

Bedrooms 7
Bathrooms 2
Recep. Rooms 2
Floor Size 225m²
Land Size 495m²
Carports/Parkings 4
Furnished Yes
Pets Allowed Yes
Monthly Rates R1,038.00
Extras

Fence
Paving
Pets Allowed
Alarm
Furnished
Fiber Connection

Agent Contact Details

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