Absolute peach of an investment, you don't want to miss out on this one
Hatfield is a suburb best known for it's high number of students and investment possibility for those wishing to invest in the student accommodation market. This particular property offers an excellent investment opportunity, the owner of this property is prepared to fully convert this unit into a two bedroom unit and tile the floors upon the potential buyer making a deposit into the chosen attorney's trust account. Assistance can also be provided in terms of finding a suitable tenant for your new property. With the investment strategy on this unit you can possibly look forward to a gross return of 10 to 12% depending on what interest rate you get at the bank and lease term. Once fully converted into a two bedroom unit, rental income of R6 000 to R7 000 can be expected for this unit.
Full & free title
Bedroom floor type
Scullery | Tiled Floors | Stove