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R 390 000 | 1 bed property for sale in willowbrook

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Property Description

Student accommodation for Sale - Calling on SA & Foreign Investors. Here is a great opportunity to purchase a piece of purpose-built student accommodation located in the heart of the campus at IIE MSA (Monash). Location and costs makes this purchase an ideal investment with an excellent gross return on investment. The student accommodation market is a great way to earn "passive" income without having to incure the usual high overhead costs. The units are professionally managed and maintained by the on-site managing agent for your convenience at a nominal fee. Fees are paid up front at the beginning of each semester to ensure all your costs are covered while earning a return on your investment. Each unit is fully furnished for the students convenience with the all the necessary items to make their stay comfortable. Excellent on-site security, patrol units and biometrics access control for students. Each unit has pre-paid meter installed - aproximate usage is R150- R200 p.m. Internet connectivity, DSTV connectivity Laundry - (communal), Hair dresser / nail technician, Tuckshop, Braai area - (communal). Students are close to all amenities in the surrounding suburb to cater to their additional needs i.e. shopping malls, food outlets and entertainment. Call for a viewing.


Property Details

Purchase Price R 390 000

Building Size28 m2

Price Per SQMR 13928 m2

Type of PropertyApartment

Monthly Rates1019

Monthly Levy1109

FurnishedYes

Last Updated14 Dec 2020

Rooms

Laundry1

Kitchen1

Bedrooms1

Bathrooms1

External Features

Outdoor LivingFace Brick

General Features

SecurityYes

RoofingTile

FlooringCarpet / Tiles

Property Location

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