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R1,799,000

14 Riebeek Street

Monthly Bond Repayment R19,185.07
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R719

Student Accommodation with 9 rooms

This property presents a golden investment opportunity as an established student accommodation, currently offering 9 rooms, each renting out for R3,000 when at full capacity. Ideally located close to the University of Johannesburg, this property is a must-see for investors seeking a steady rental income. The house features a large kitchen and central seating area, providing a communal space for residents. Each of the rooms is clearly marked for easy identification, ensuring efficient management. The property offers off-street parking with a spacious, long driveway, providing ample space for residents. Security is a priority, with robust measures in place to ensure peace of mind. A covered patio with seating offers a comfortable outdoor space for relaxation, while a separate laundry room and bathroom add convenience for all residents. With its prime location and well-maintained facilities, this property is a standout investment opportunity.

Features

9
2
Pets Allowed
Yes
Interior
Bedrooms
9
Bathrooms
2
Reception Rooms
2
Exterior
Carports / Parkings
4
Sizes
Land Size
495m²

Hurst Hill, Johannesburg

Johannesburg is probably South Africa’s most vibrant metropolis; it serves as the capital to the wealthiest province in the country, Gauteng. It is also fondly referred to as “Egoli” or “Jozi”. As well as being the economic hub of the country, it also boasts a wide variety of Johannesburg real estate investment opportunities. From the bright lights and the skyscrapers of the...
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International 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.

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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

19,185.07

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