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10 Huntley Street
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Student Accommodation Property Good Returns 5 Minutes From UJ

STUDENT ACCOMMODATION PROPERTY GOOD RETURNS 5 MINUTES FROM UJ - COMMUNE CONSENT

Are you looking for a fantastic investment opportunity in the vibrant heart of Johannesburg? Look no further!
This spacious student accommodation, boasting a capacity for 15 students, is the perfect investment for those seeking to tap into the student housing market.

Key Features:

Capacity: With 7 well-appointed rooms and a self-contained cottage, this property offers comfortable living arrangements for up to 14 students . There is a freestanding cottage as well to accommodate an extra student.

Compliance: The property holds an approved Commune Consent (COJ) and is accredited by both the National Student Financial Aid Scheme (NSAFs) and the University of Johannesburg (UJ). This ensures a seamless and secure rental process for students.

Location: Situated a mere 500 meters from UJ, convenience is at the forefront. Students can enjoy a short walk to campus, making this property highly sought after by students.

Income Potential: With an adjoining vacant stand available for expansion, there's an incredible opportunity to double the present income by adding more student housing units.
This property has excellent rental income.

Amenities: The accommodation features communal his and hers bathrooms, ensuring comfort and functionality for all residents. Additionally, a communal kitchen provides a space for students to cook and socialize.

Features

7
4
Interior
Bedrooms
7
Bathrooms
4
Kitchens
1
Furnished
Sizes
Floor Size
220m²
Land Size
795m²
Extras
Accommodation • Bachelor Studio • Courtyard • Change Rooms • Freestanding • Flatlet • Septic Tank • A_Frame Loft
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Broll Auctions and Sales website is accurate and up to date, Broll Auctions and Sales 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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

30,343.80

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