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1,489m² Vacant Land For Sale in Bedworth Park

R810,000


Monthly Bond Repayment R8,778.03
Calculated over 20 years at 11.75% with no deposit.

Web Ref No 5330142

Location! Location! Build your dream

The only vacant stand on the market in this area at this stage - grab it! It is perfect for an investment to build your dream home on. It is located less than 1 km from VUT and perfectly close NWU as well. There is a huge demand for student accommodation at this stage. Develop this stand into luxurious bachelor pads or 2 bedroom units. Let the rental income pay of the bond! Rooms are currently going at a rate of R 1 950 per month.

The current provision of student housing in South Africa is extremely limited. This equates to approximately 10 University students looking for a place to stay while they study per every one purpose built student housing unit. The Vaal River development zone has an existing estimated student housing shortage of 25 000 beds with a huge demand for purpose built accommodation close to the University. This is your opportunity!

Features

Land Size 1,489m²
Monthly Rates R450.00

Agent Contact Details

WERNER HERHOLDT
Three Rivers

Cell 0768700918
Office (016) 4232876
Jacob Molotsi
Candidate Property Practitioner
Registered with PPRA
(FFC 116 698 6)

Cell 083 530 4936
Office (016) 4232876
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