Validation Header

Validation desc

R 620 000 Bond Calculator | 2 Bedroom Apartment / Flat for Sale in West Hill

13 Somerset Corner, 2a Somerset Street, West Hill, Grahamstown

2 2 1
Erf Size: 1 374 m²

Invest in Student Comfort and Profitability!

Unlock the potential of student housing with this enticing investment opportunity. Situated just a short 5-minute walk from Rhodes University Theatre, this complex offers 24 units, each approximately 50 sqm, designed with student convenience in mind. This 2nd-floor, west-facing unit has appealing views to campus, St Andrews and the Makhanda hills.
Featuring two bright bedrooms with en-suites, a modern kitchen equipped with appliances, and a spacious living area, tenants will feel right at home. Benefit from hassle-free maintenance with tiled flooring and aluminium windows, while secure parking and water tanks ensure uninterrupted living. Plus, security from 18h00 to 06h00 provides peace of mind for both residents and investors alike.
With a rental income of R8820 for 2024 (or R4410 per room per month), this return on investment is hard to beat. Don't miss out on this opportunity to transform rent into a sound investment for your child's future!


Property Overview

Listing Number
114734079
Type of Property
Apartment / Flat
Street Address
13 Somerset Corner, 2A Somerset Street, West Hill
Description
Second floor and above
Lifestyle
Student Accommodation
Erf Size
1 374 m²
Floor Area
50 m²
Price per m²
R 12 400
No Transfer Duty
Yes
Rates and Taxes
R 667
Age
15
Pets Allowed
No
Floor Number
2

Rooms

Bedroom
2
Bedroom 1
Tiled Floors, Curtain Rails, Built-in Cupboards
Bedroom 2
Tiled Floors, Curtain Rails, Built-in Cupboards
Bathroom
2
Bathroom 1
Tiled Floors, Basin, Shower, En suite, Toilet
Bathroom 2
Tiled Floors, Basin, Shower, En suite, Toilet
Kitchen
1
Kitchen 1
Open Plan, Extractor Fan, Fridge, Dishwasher Connection, Washing Machine Connection, Tiled Floors, Tumble Dryer, Gas Hob
Dining Room
1
Dining Room 1
Tiled Floors, Curtain Rails, Open Plan

External Features

Parking
1
Parking 1
Secure Parking

Building

Facing
West, Street Front, Level Road, Mountain View
Wall
Plaster
Window
Aluminium
Number of floors
3
Backup Water
Water Tank

Other Features

Security
1
Security 1
Electric Gate, Security Gate, Alarm System, Intercom, Guard House, Electric fencing, Perimeter Wall, Indoor Beams
Special Features
1
Special Features 1
The complex has 3x 5000L water tanks plumbed in., Satellite Dish
Backup Water
Yes


Contact AgentWeb Ref 114734079

Send Agent a Message

A message will be sent to the Agent on your behalf.

By continuing I understand and agree with our Terms & Conditions and Privacy Policy.

Agency

Agency profile logo

Agents

Richard Gaybba
View Agent's Properties
Monika Gaybba
View Agent's Properties

Print Print

Latest Listings


  • 3 Bedroom House for Sale in West Hill, Grahamstown
    R 3 200 000

  • 3 Bedroom House for Sale in West Hill, Grahamstown
    R 1 850 000

  • 2 Bedroom Apartment / Flat for Sale in West Hill, Grahamstown
    R 1 995 000

  • 2 Bedroom Apartment / Flat for Sale in West Hill, Grahamstown
    R 620 000

  • 2 Bedroom Apartment / Flat for Sale in West Hill, Grahamstown
    R 620 000