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Lucrative Investment Opportunity: Fully Tenanted Block of Flats with 15 Apartment

Introduction:

Are you seeking a high-yield investment in the real estate market?
Look no further! We present an exceptional opportunity to acquire a fully tenanted block of flats comprising 15 apartments.
This well-maintained property offers ideal student accommodation, each unit featuring 2 bedrooms, one bathroom, and an open-plan kitchen.
With a convenient carport situated underneath the building, this investment is not only financially rewarding but also hassle-free for both investors and tenants.

Property Details:
1. Spacious Apartments:

Each of the 15 apartments boasts two generous bedrooms, providing comfortable living spaces for tenants.
The open-plan kitchen design enhances the overall living experience, fostering a sense of community within the complex.
A well-appointed bathroom in each unit ensures convenience and privacy for residents.

2. Prime Location for Students:
Strategically located near educational institutions, this block of flats is ideal for students, ensuring a consistent tenant demand.
Proximity to universities, colleges, and schools makes it a preferred choice for students seeking convenient accommodation.

3. Income Potential:
This property is fully tenanted, guaranteeing a stable rental income from day one.
The high demand for student housing in the area translates into an excellent return on investment, making it a lucrative source of rental income.

4. Parking Convenience:
A key feature of this property is the presence of a dedicated carport area underneath the building, offering tenants secure parking spaces.
Ample parking enhances tenant satisfaction and property value.

5. Investment Opportunity:
This block of flats is offered as a whole, providing investors with an attractive opportunity to diversify their real estate portfolio.
With a track record of reliable rental income, this investment is a secure and promising addition to your property portfolio.

Conclusion:
In the competitive real estate market, this fully tenanted block of flats with 15 apartments represents an excellent opportunity for investors seeking a hassle-free, income-generating asset.
The property's strategic location, student-friendly design, and consistent rental income make it a standout choice.
Don't miss out on this chance to acquire a property that promises both immediate returns and long-term growth.
Contact us today to seize this lucrative investment opportunity and secure your financial future.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,065m²
Land Size
2,558m²
Extras
Bath Toiletand Basin • Built in Wardrobes • Carport • Open Plan Kitchen • Residential

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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

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

134,993.88

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