RES-8897
Location: Kimberley
Listing Views: 199
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Agent Information
RESIDENTIAL STUDENT ACCOMODATION – Kimberley
±1394m² Investment Property
Very popular rental units.
This investment Income property has been converted into 19 Bachelor flatlets and 1 one bedroom flatlet.
Property is situated in close proximity of University, ideal for student accommodation, and good potential for sectional title scheme.
The property has two main electricity meters for common areas and each unit has its own prepaid meter.
One water meter for the entire property and costs are shared between the tenants.
ZONING:
Suburban Business
Primery Use: Business Premises, Block of Flats & Residential, Buildings above ground floor, Licensed Hotels, Places of Assembly & Institutional Buildings.
Consent Use: Public Garage, Public Worship, Place of Instruction, Putting Courses & Drive -in Restaurants.
The property currently generates an investment / rental income of ±R70,900 p/m,
Total Investment Income: ±R24,436.92 p/m
Specifications
Type Of Property
residential
Property Size
±1394 SQM
Country
South Africa
Rates & Taxes
± R4043.00
Levies
Sewerage: ±R212.60, Refuse: ±R148.82
Electricity
Prepaid (depending on usage)
Water
±R314.40 p/m (depending on usage)
Transfer Of Vat
Transfer Duties
R5,300,000.00
- Movedit Verified Listing
FAQ
Buying options may vary between listings, as each seller chooses the options they prefer to offer.
Agent Information
