A Smart Investment
This 43 m sq apartment with a single garage is now available in the popular Ray Court complex,close to transport ,amenities and shops.
This unit is currently being let out as student accommodation and has been renovated to suit investors looking at multiple accommodation.
Currently the unit is occupied by 4 students (NSFAS accredited) each paying R3500 per month and the garage is being let out for R700 per month thus the total rental on this property is R14 700pm!!
This property is profitable from day one and certainly worth a look for smart investors looking at fantastic returns.
This unit is currently being let out as student accommodation and has been renovated to suit investors looking at multiple accommodation.
Currently the unit is occupied by 4 students (NSFAS accredited) each paying R3500 per month and the garage is being let out for R700 per month thus the total rental on this property is R14 700pm!!
This property is profitable from day one and certainly worth a look for smart investors looking at fantastic returns.
Monthly Levy
R1,800
Features
Interior
Exterior
Sizes
Listing Info
Parow Valley, Parow
- Street map
- Street view
- Amenities
- Schools
Filling Station
0.59 km - Shell Select Suiderhof Motors - Satellite
0.64 km - Shell
0.71 km - Friendly Service Station
Bus Station
0.63 km - Bus Stop
0.81 km - Bus Stop
0.91 km - Bus Stop
Hospital/Clinic
0.85 km - Intercare Parow
0.90 km - Tygerberg Hospital
1.08 km - Oasis
Police Station
0.88 km - South African Police Service Parow Police Station
1.11 km - South African Police Service Ravensmead Police Station
2.51 km - Bellville
Shopping Centre
0.94 km - Parow Centre
1 km - Kaapse Draai And Heritage Handles
1.07 km - Ravensmead Convenience Centre
0.20 km - Parow Valley Preparatory School
0.26 km - Parow Valley Pre Primary School
0.35 km - St Augustine's Rc Primary School
0.49 km - Univ Of Stellenbosch
0.54 km - Philadelphia Day Care
0.58 km - UNISA
0.63 km - University Of South Africa
0.67 km - Eden Kids Academy
0.73 km - Saffier Primary School
0.93 km - Different Strokes Montessori
0.96 km - Shiloh Centre of Learning
0.97 km - Parow Primary School
0.98 km - Florida Primary School
1.27 km - Hoërskool Parow High School
1.65 km - Florida Secondary School
Average sold property price in Parow Valley
Freehold
Sectional Scheme
Vacant Land
Freehold
R1,579,706
50.0%
Average price
22
50.0%
Transfers
Sectional Title
R729,857
50.0%
Average price
9
50.0%
Transfers
Estate
R1,093,333
100.0%
Average price
3
100.0%
Transfers
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Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
