Property1 : Six Bedrooms
Three Sharing rooms, six students at R 4200 per student
One single room at R4500-00
One en-suite room at R 4750-00
Total Income: R 34, 450. (Commune wasnt filled this year due to renovations)
Property2: Eight Bedrooms
Five sharing rooms, ten students at R4200-00
One en-suite bedroom at R 4750-00
Total Income: R46 750-00 (Commune wasn't filled this year due to renovations)
Property 3: Seven Bedrooms
Five sharing rooms at R 4200-00 per student
3 single rooms at R4750-00
Total Income: R 55 500-00
Property 4: Ten Bedrooms
3 sharing 6 students at R4200
4 single rooms at R 4500
3 rooms with en-suite bathrooms at R4750
Total income: R 52 950-00
Property 5: 9 bedrooms
4 Shared bedrooms, 8 students at
3 singles at R4500-00
Total Income: R 47 100-00 (Commune was not filled this year due to renovations)
Property Six: 10 bedrooms
3 sharing, 6 students at R4200-00
5 singles at R4500-00
1 bachelor pad at R 5000-00
Total income: for 6 properties: R 289 450-00
Total fixed expenses (rates and Taxes): R 9 971.85
All properties are NSFAS and UFS accredited as well as special consent from the municipality.