3 Bedroom House in Vanderbijlpark Central

R 1 200 000

Lerato Maloisane

Keller Williams-Avantgarde Alberton

Price Reduced

3 Bedroom House in Vanderbijlpark Central

R 1 200 000

3 Beds
1 Baths

An investment property . This house has been turned into a commune, it is in a serene suburb of Vanderbeijlpark, there are only three houses that are student accommodation on that street and the rest are normal family homes. It is close to the Vaal University of Technology. The commune sleeps 12 students, 7 inside the house, and 5 on the outside rooms attached to the house. The bedroom sizes vary and are charged as such, ranging between R1500 to R2200 for this year, rental amounts increase annually by 10%.It is well maintained and the student share common facilities like the kitchen and bathrooms. It also has a lovely swimming pool, with a thatched lapa, a manicured and well kept garden. Safety features are an electric fence, and electric gate. Student enter into yearly contracts to ensure full occupation for the year. In its maximum capacity, the house generates an income of R20 900. Rates are R2000 and electricity is pre-paid, student buy it themselves.

Read More

Key Property Features

3
Bedrooms
1
Bathrooms
1
En-suite
Garden
Lapa
Paving
Pool
Scullery

Email the Agent or request the agent Call You Back should you wish  to set up an appointment to view this property or ask for more details.

Contact Agent

Sending Message...

Photo Gallery

Lerato Maloisane

Lerato

Maloisane

Share this Property

Need a Home Loan?

R
R
*
%
 
Monthly Repayment

Loan Value (Capital) R 0
Total Interest R 0
Total Repayment R 0
Interest at 10.5% for 20 years
Apply for a Home Loan
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.

Experience Vanderbijlpark

Vanderbijlpark is situated on the banks of the Vaal River in Gauteng. Together with its neighbouring towns Vereeniging and Sasolburg, it forms the Vaal Triangle, a prominent industrial region. This neighbourhood is peaceful, and has a close community. Locals are predominantly rugby fans, with action cricket being another well supported sport. They can often be found in the pubs watching a rugby game, or supporting school rugby games in great numbers.

The park in Vanderbijlpark
Find out more about Vanderbijlpark

3 Bedroom House in Vanderbijlpark Central

R 1 200 000

Contact Agent

Sending Message...

Need a Home Loan?

ooba

Find out how much you can afford, or get prequalified for a home loan today.

We find the money, you find the house!

Contact a Consultant
Your Details
Sending message...

Apply for a Home Loan

Contact
Agent