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R11,000,000

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R9,969.8 Excl. VAT

Student Accommodation in Quginey.

This property is a prime investment opportunity in the accommodation business, offering an exceptional living experience for students. Situated within close proximity to the beach, restaurants, and retail stores, it provides convenience and lifestyle perks for its 88 student residents. The building features 45 shared rooms, 9 bathrooms, 6 kitchens, a study, a laundry room, and a communal lounge/TV room, making it ideal for a vibrant, communal student life. With on-site security, access control, and cleaning services, the property ensures a safe and well-maintained environment. Some units even boast ocean-view balconies, adding to its appeal. A unique opportunity to expand your property portfolio, this residence is truly one in a million.

Features

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Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
1,075m²
Land Size
440m²
Extras
Student Accommodation • Security Gate

Quigney, East London

Quigney in East London offers an attractive lifestyle for property seekers. With its beachfront location and proximity to amenities, it caters to those who enjoy coastal living.  Victorian and Edwardian architecture is abundant in the area. The property market is diverse, with options ranging from affordable apartments to spacious homes. This variety, coupled with potential rental income, makes Quigney an...
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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:

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

154,654.99

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