R2,150,000
Monthly Bond Repayment R23,299.70
Calculated over 20 years at 11.75% with no deposit.
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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
Interior
Exterior
Extras
Electric Fencing • Fence • Paving • Furnished • Smoking AllowedBrandwag, Bloemfontein
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