R5,800,000
R5,800,000
Monthly Bond Repayment R61,852.92
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
Single storey, corner stand with prime development options
Danville is a prime located suburb, not only with various school options, shopping centres, and other amenities but also due to its ease of access from major arterial routes via the R55 and N4. A major investment opportunity for this specific location is the Tshwane University of Technology (TUT) located a mere 5km away which makes it perfect for student accommodation!
This property in summary has the following value-adds on offer:
* 58 bedrooms
* 26 bathrooms
* 4 lounge areas
* 3 dining rooms
* large laundry
* 1 commercial kitchen
* x3 outside lounge/patio areas
* domestic change rooms
* Double garage
* Shade net, carport areas (x8 spaces)
Additional extras include: Smoke detectors, CCTV network, emergency lights, sufficient fire fighting equipment.
An upfront valuation on this property was done based on the Income Capitalisation method and took into account the current condition of the property, location, and level of demand in the area. All detailed letting options and other calculations can be discussed in person and by strict appointment only. Call me today to discuss your investment opportunity.
Features
Interior
Bedrooms
58
Bathrooms
26
Kitchens
1
Reception Rooms
7
Studies
1
Exterior
Garages
1
Carports / Parkings
8
Security
Yes
Flatlet
1
Domestic Accommodation
1
Sizes
Floor Size
3,286m²
Land Size
4,553m²
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Disclaimer: While every effort will be made to ensure that the information contained within the Just Imagine Properties website is accurate and up to date, Just Imagine Properties 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.