Excellent investment! Prime property in Hatfield
This property offers a first time investor the perfect opportunity to go into the property market, the property has just been renovated and is well kept. The bedrooms on this property are facing the inside of the complex, so your tenants never have to complain about noise. The complex is very well maintained and a popular choice of residence among University of Pretoria students. The price the property is going for is ideal as bond repayments can be as low as R7 019 (depending on the interest rate you can get). With that being said the unit can be rented out at R7 500 to R8 000 as is per month, there is another option of conveting the lounge into a third room and charging three students R3 000 per month (which adds up to R9 000 per month) and possibly generating a positive cash flow return from day 1. The typical tenant in this complex being students, however there is a trend with an increasing number of young professionals opting to re-live their student lives by living close to the University of Pretoria. There is a guard stationed on the property 24/7 and access to the complex is very controlled, covered parking bay is available to park your (or your tenant's) vehicles. The popular Hatfield Plaza is literally one building away, you can't go wrong with this property, call to arrange for a viewing appointment.
Bedroom floor type
Bath, Toilet and Basin
Scullery | Tiled Floors | Stove