Commercial Property for sale in Idasvallei, Stellenbosch
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496m²
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Web Ref: 1047422
Property Features
Student Accommodation Property for Sale - Idas Valley
This Recently Renovated Investment Property just 1.6km away from Stellies is already at 75% Occupancy; with 100% Occupancy providing a Yield of Circa 12.5% [NOI of Circa R400,000 p.a]
This 10-Bed Furnished House with Original Wooden Floors Consists of:
* 5 Single Rooms (5 Beds)
* 5 Twin Rooms (10 beds)
* 2 Balconies
* NEW Communal Bathrooms with Toilets - Upstairs and Downstairs
* NEW Communal Kitchen
* Lounge Areas
* CCTV and WiFi
* Braai Area
* Landscaped Garden Area
* Security Gates with Intercom
* Parking for 3 Cars plus additional for Scooters
Included in the Price:
* Beds
* TV
* Fridges
* Washing Machine
* Tumble Dryer
* Curtains
**Approved floor plans & council permission to install a swimming pool
Contact the broker
Bond repayment calculator
Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years
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