Investment Opportunity

R 2,195,000

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3 months ago49 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):4+
Size (sqm):1400
Parking:Garage
Description
Situated in the heart of Langenhovenpark, this property provides a promising prospect for forward-thinking individuals.

Explore the potential of this prime student accommodation investment in a thriving academic hub or refurbish it into a charming family home.

Consisting of three subdivided units, each unit offers unique possibilities for investors.
The first unit, already designed for student living, awaits renovation for immediate returns.
The connected second unit, though requiring maintenance, holds the potential for increased value after upgrades.

The partially finished third unit allows for expansion, tapping into the growing demand for student housing. This property ensures a reliable income. Investors can seize this hidden gem, turning it into a profitable asset in the thriving student accommodation market.

Don't overlook this investment opportunity for 2024.

Property Reference #: 1235137

Agent Details:
Carmen Kruger
Rawson Properties Bloemfontein
155, Benade Drive, Bloemfontein, Fichardt Park, Free State

Id Subtitle 1261890699
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Estimated monthly repaymentR 23,788
Total property loan amountR 2,195,000
Total interestR 3,513,969
Total repaymentR 5,708,969
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Rawson Properties Bloemfontein
Selling for 3+ years
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