30 Bed Apartment in Sunnyside

R 9 600 000

Ayodeji Ekungomi

NRG-Sandton

30 Bed Apartment in Sunnyside

R 9 600 000

Can I afford this?
30 Beds
7 Baths
4 Garages
Land Area 1191 m²
Rates R 800

Most Lucrative Block of Apartment for Sale in Sunnyside/Arcadia. 4 flats and 41 Zoned rooms for Sale in Sunnyside/Arcadia Suburb. This is one of the best block of flat with a realistically viable/feasible ROI which can be used as a full student accommodation or let out to individuals from all walks of life. This block of flats and sectional rooms is a very profitable one with an ANNUAL GROSS INCOME OF R1, 372, 200. Expenses of roughtly R199, 000. THE TOTAL ANNUAL NET INCOME FOR 2017/2018 PROJECTED IS R1, 173, 200. This block has top class swimming pool, Jacuzzi and Sauna facilities for the usage of every tenant living in there. Prepaid electricity is already installed per unit which gives the owners full advantage over water and electricity usages. This in turn eliminates excesses on NET INCOME on a long-run for a lifetime of ease. Sanitation is R2, 250. This block is less than 3 minutes drive away from the UNIVERSITY OF PRETORIA, UNISA (MUCKLENEUK & SUNNYSIDE CAMPUSES), THE UNIION BUILDINGS, the Pretoria Art Museum, Hatfield, TUT ARCADIA CAMPUS (5 minutes drive away) and a whole lot of social amenities within the Pretoria City axis. Sellers'' asking price is R9, 600, 000 (NEGOTIABLE especially for CASH INVESTORS). It will be unwise to lose this viable and profitable investment opportunity.

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Key Property Features

30
Bedrooms
7
Bathrooms
10
Covered Parkings
7
Dining Areas
4
Garages
3
Lounges
Flatlets
Garden
Kitchen
Laundry
Patio
Pool
Staff Quarters
Study

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Experience Pretoria Central and Old East

Pretoria Old East is known as Jacaranda City because of the thousands of lilac bloomed trees that line the streets. It’s one of the city's oldest suburbs, with lovely established trees and gardens. With the university nearby, the atmosphere is young and full of energy and excitement. Students, art lovers and trendsetters can be found socialising by day and by night.

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Similar Property for Sale in Sunnyside

30 Bed Apartment in Sunnyside

R 9 600 000

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