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R2,150,000

Monthly Bond Repayment R23,299.70
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Investment Opportunity: Student Accommodation Property for Sale

Discover an enticing investment opportunity with this remarkable property ideally situated near the prestigious University of Free State. Currently operating as successful student accommodation, this property boasts a steady and reliable income stream, making it an ideal prospect for astute investors.

Key Features:

Generous Accommodation: Offering a total of 11 bedrooms, the property is thoughtfully designed to cater to the needs of students, providing a comfortable living space conducive to both study and relaxation.

Ample Common Areas: With two spacious lounges and two fully-equipped kitchens, residents enjoy ample communal spaces for socializing and collaborative activities.

Convenient Bathrooms: The property is equipped with three bathrooms, ensuring convenience and comfort for all residents.

Proximity to University: Strategically located in close proximity to the University of Free State, this property is an attractive option for students seeking convenient and accessible accommodation.

Abundant Parking: The property features ample open parking, ensuring the convenience and safety of residents who own vehicles.

Fully Furnished: A major highlight is that most of the furniture is included in the sale, presenting a turnkey solution for investors looking to start generating income immediately.

Utilities: The property is designed for hassle-free management, featuring prepaid electricity and water systems, providing transparency and control over utility expenses.

Well-Maintained Exterior: The paved yard not only enhances the property's aesthetic appeal but also minimizes maintenance requirements.

Security Measures: Security is a top priority with electric fencing on one side, providing a secure environment for residents.

This property represents a lucrative investment opportunity in the thriving student accommodation market. Its strategic location, thoughtful design, and well-maintained features make it an attractive option for investors looking to capitalize on the demand for quality student housing. Don't miss the chance to own a property with a proven track record of income generation and the potential for further growth. Schedule a viewing today to explore this exceptional investment prospect.

Features

11
3
Interior
Bedrooms
11
Bathrooms
3
Kitchens
2
Reception Rooms
2
Furnished
Exterior
Carports / Parkings
12
Extras
Electric Fencing • Fence • Paving • Furnished • Smoking Allowed

Brandwag, Bloemfontein

Although Bloemfontein might not be as major an epicentre as Cape Town, Johannesburg or Durban it still has a lot to offer in terms of residential bliss. It's the capital of the Free State which is a province in South Africa noted for its agricultural exploits. The town is well known for its Rugby, friendly locals and a fair deal of places to go out. The name loosely translates to Flower Fountain or Blooming...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

23,299.70

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