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R 620 000

2 Bedroom Apartment / Flat for Sale in West Hill

  • Bedrooms 2
  • Bathrooms 2
  • Garages 1
  • Floor Size 50 m²
  • NO TRANSFER DUTY
Ideal Location for Rhodes University Students

Invest in Student Comfort and Profitability!

Discover an exceptional student housing investment opportunity only a 5-minute walk from Rhodes University Theatre. This complex includes 24 units, each approximately 50 sqm, designed to meet students' needs for both comfort and convenience. Key features include:

• Ideal Location: First-floor, west-facing unit with scenic views of campus, St. Andrews, and the Makhanda hills.

• Modern Amenities: Two bright, en-suite bedrooms; a modern kitchen with a 3-plate gas stove, one electric plate, oven, fridge, washing machine, and tumble dryer.

• Spacious Living Area: Sliding door invites fresh air into the roomy living space, creating a homely atmosphere that encourages tenants to renew leases yearly.

• Low-Maintenance Design: Tiled floors and aluminum windows simplify indoor upkeep.

• Added Security and Convenience: Secure...

Invest in Student Comfort and Profitability!

Discover an exceptional student housing investment opportunity only a 5-minute walk from Rhodes University Theatre. This complex includes 24 units, each approximately 50 sqm, designed to meet students' needs for both comfort and convenience. Key features include:

• Ideal Location: First-floor, west-facing unit with scenic views of campus, St. Andrews, and the Makhanda hills.

• Modern Amenities: Two bright, en-suite bedrooms; a modern kitchen with a 3-plate gas stove, one electric plate, oven, fridge, washing machine, and tumble dryer.

• Spacious Living Area: Sliding door invites fresh air into the roomy living space, creating a homely atmosphere that encourages tenants to renew leases yearly.

• Low-Maintenance Design: Tiled floors and aluminum windows simplify indoor upkeep.

• Added Security and Convenience: Secure parking, water tanks for uninterrupted living, and security services from 18h00 to 06h00 provide peace of mind.

Financial Appeal

With a rental income of R8820 for 2024 (or R4410 per room monthly), this investment offers strong returns that are hard to beat.

Bedrooms Bedrooms: 2
Bathrooms Bathrooms: 2
Parking Parking: 1
Water Tank Water Tank
Listing number: P24-115153860, Image number: 1
Listing number: P24-115153860, Image number: 2
Listing number: P24-115153860, Image number: 3
Listing number: P24-115153860, Image number: 4
Listing number: P24-115153860, Image number: 5
Listing number: P24-115153860, Image number: 6
Listing number: P24-115153860, Image number: 7
Listing number: P24-115153860, Image number: 8
Listing number: P24-115153860, Image number: 9
Property Overview
Listing Number
115153860
Type of Property
Apartment / Flat
Listing Date
31 October 2024
Erf Size
1 374 m²
Floor Size
50 m²
Price per m²
R 12 400
Levies
R 1 685
No Transfer Duty
Yes
Rates and Taxes
R 705
Bedrooms
2
Bedroom 1
Tiled Floors, Curtain Rails, Built-in Cupboards
Bedroom 2
Tiled Floors, Curtain Rails, Built-in Cupboards
Bathrooms
2
Bathroom 1
Tiled Floors, Basin, Shower, En suite, Toilet
Bathroom 2
Tiled Floors, Basin, Shower, En suite, Toilet
Kitchen
Extractor Fan, Fridge, Granite Tops, Washing Machine Connection, Tiled Floors, Tumble Dryer, Built-in Cupboards, Gas Hob
Lounge
Tiled Floors, Curtain Rails
Parking
Secure Parking
Backup Water
Water Tank
Security
Electric Gate, Security Gate, Alarm System, Guard House, Guard, Electric fencing, Perimeter Wall, Indoor Beams
Special Features
3x 5000L water tanks plumbed into the complex.
Satellite Dish
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