This well-located, fully furnished studio apartment is a rare find, offering not only comfortable living but also excellent value as an investment property. Managed by a reputable agent within a VAT-registered entity, this property is part of a professionally run student accommodation complex, ensuring consistent demand and hassle-free management.
Property Highlights:
Selling Price: R995,000
Valuation: R1,195,000 (a R200,000 or 17% discount)
VAT Benefits: As the property is held in a VAT-registered entity, the buyer will receive a VAT rebate of 15%, amounting to R149,250, effectively reducing the buyer’s exposure to R845,750 after the VAT is refunded.
With its strategic location, strong management, and significant VAT rebate, this studio is an ideal investment opportunity for buyers seeking an affordable entry into the student accommodation market, with excellent potential for future returns.
