R6,850,000
4
Bedrooms
4
Bathrooms
1
Parkings
Monthly Levy
R3,607
Monthly Rates
R1,065
Total
R4,672
Student investment opportunity
Web Ref.
RLS990016
Exclusive Sole Mandate:
Presenting an excellent opportunity on the doorstep of campus with this well-positioned historical apartment in characterful Ryneveld Street.
Perfectly suited for investors wanting an investment property with strong rental demand. Rental income has consistently increased by 10% year-on-year with the projected total rental income for 2026 approximately R43,000 per month. The apartment consists of 4 ensuite bedrooms each with a kitchenette. The property also features a courtyard and dedicated parking bay. Each room is rented out separately.
The property can also be converted to its original state to use as an Air B and B facility or a home for someone wanting to be close to the bustling town centre.
Contact me to arrange a viewing.
Presenting an excellent opportunity on the doorstep of campus with this well-positioned historical apartment in characterful Ryneveld Street.
Perfectly suited for investors wanting an investment property with strong rental demand. Rental income has consistently increased by 10% year-on-year with the projected total rental income for 2026 approximately R43,000 per month. The apartment consists of 4 ensuite bedrooms each with a kitchenette. The property also features a courtyard and dedicated parking bay. Each room is rented out separately.
The property can also be converted to its original state to use as an Air B and B facility or a home for someone wanting to be close to the bustling town centre.
Contact me to arrange a viewing.
Features
Interior
Exterior
Sizes
Monthly Repayment
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Calculators:
