18 Bedroom House For Sale in Brandwag
R3,640,000
Monthly Bond Repayment R38,818.04
Calculated over 20 years at 11.5% with no deposit.
Web Ref No RL16896
Prime Investment Opportunity - NFSAS Accredited Student Accommodation
Lucrative investment opportunity in the heart of Bloemfontein. The property comprises a mix of single rooms, sharing rooms, and three exclusive rooms with private bathrooms, ensuring diverse options to suit varying preferences.
A communal kitchen equipped with essential appliances including a stove and fridge, facilitating convenient meal preparation. Additionally, a communal washing machine is provided for residents' laundry needs.
Residents can enjoy shared outdoor spaces, including a communal braai area, perfect for social gatherings and relaxation.
The property boasts a fully functional borehole with a sophisticated filtration system, meeting the standards set by NFSAS (National Student Financial Aid Scheme). The garden is equipped with an irrigation system directly connected to the borehole, ensuring easy maintenance and lush greenery all year round.
This property presents an excellent investment opportunity, generating a lucrative rental income of R69,000 per month. With its prime location and well-appointed facilities, it attracts students seeking comfortable and convenient living arrangements, ensuring a steady stream of rental revenue.
Conveniently situated in close proximity to UOFS, this student accommodation offers easy access to educational facilities, transportation hubs, shopping centers, and other amenities, enhancing the overall appeal for prospective tenants.
With a high demand for student housing in the area, this property promises a reliable and steady rental income.
Don't miss out on this exceptional investment opportunity in the thriving student accommodation market. Contact us today to schedule a viewing and secure your stake in this lucrative venture!