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R1,990,000

Monthly Bond Repayment R21,565.77
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R865

Dynamic, Unique, and Lucrative Investment Opportunity

This traditional property, with its classic architectural features and well-preserved charm, offers a unique and appealing atmosphere for students seeking a comfortable and serene living environment. By repurposing the property into student accommodation, it has the potential to attract a diverse range of students from all over the city.

The central location of the property adds significant value for students and enhances its appeal. Being located in one of the city's most vibrant neighborhoods ensures that students have a wide range of amenities and cultural experiences right at their doorstep. Additionally, the property is easily accessible via public transportation, making it convenient for students to travel from different parts of town.

The conversion of the traditional property into a student accommodation business offers numerous opportunities for profitability and growth. With a high demand for accommodation in the city, the repurposed property can tap into this demand and provide students with a viable option for their housing needs. Additionally, the property can be equipped with modern amenities and facilities to cater to the specific needs and preferences of students, further enhancing its attractiveness and profitability.

#LocationLocationLocation #GoodwoodProperties #StudentLiving #BusinessOpportunities #InvestmentPotential #StudentHousing #GoodwoodCommunity #GoodwoodAccommodation #BrigitteGroenewald #ShamimSingh #Seeff #SeeffGoodwood

Features

4
4
1
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
4
Kitchens
1
Reception Rooms
1
Exterior
Garages
1
Carports / Parkings
4
Security
Yes
Flatlet
2
Sizes
Floor Size
352m²
Land Size
496m²
Extras
Built In Braai • Built in Wardrobes • Carpets • Cooling Fans • Covered Patio • Curtain Rails • Electric Garage • Flatlet • Paveway • Sliding Doors • Tiled Floors

Townsend Estate, Goodwood

This residential area is known for being a firm favourite among those who are looking to lead a relaxing, balanced lifestyle. With an array of amenities and entertainment, Goodwood is an exciting place to call home.  A brief history of the area  Established in 1905 as an intended racing centre, Goodwood was named after a racecourse in England. The founders soon abandoned the idea and built railway...
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To start the new year with a laugh and a bang, we take a look at the lighter side of the real estate world as well as fun facts about properties that you might not know. Is your house Ghost-busted? If you sometimes hear...
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

21,565.77

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