9 Bedroom Freehold For Sale in Universitas
R2,650,000
45 Jacobs Street
Monthly Bond Repayment R28,260.39
Calculated over 20 years at 11.5% with no deposit.
Web Ref No RL29881
Prime Student Accommodation Investment – 9-Bedroom House Near the University of the Free State
This fully furnished 9-bedroom student house is the perfect investment opportunity, ideally located just a short walk from the University of the Free State. The property boasts a consistent monthly rental income of R37,800, making it a lucrative venture for savvy investors looking to tap into the ever-growing student rental market.
Designed to accommodate multiple tenants comfortably, the house features 3 spacious bathrooms, ensuring convenience for all residents. The communal kitchen and scullery provide ample space for shared meal preparations, fostering a welcoming student living environment.
In addition to its well-thought-out interior, the property includes 4 undercover parking spaces, offering safe and secure parking for tenants with vehicles. A bonus Wendy House adds extra storage options, ideal for bicycles, outdoor equipment, or additional tenant belongings.
The property is fitted with pre-paid electricity, giving the owner control over his energy consumption while reducing management hassle. Located in a high-demand area with proximity to shops, public transport, and campus facilities, this student house offers both stability and potential for further growth.
This is an opportunity not to be missed – a solid investment with substantial income potential in a prime location!