BRANDWAG INVESTMENT

R 2,805,000

Can I afford this?
2 months ago60 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):1114
Description
This property is perfectly positioned within walking distance of the shopping mall, University, and other essential amenities, nestled in the heart of the thriving student community.

Here's why this is the ideal business opportunity, generating an impressive income of R57 000-00: The property is fully occupied with contracts in place through a student accommodation agent.

The spacious and comfortable property offers multiple single and shared bedrooms with well-appointed bathrooms. It features a serene relaxation area and a generously equipped kitchen complete with a scullery, dual stove, and convenient laundry facilities.

The rooms are generously proportioned, each providing ample cupboard space and equipped with everything needed for students' comfort and convenience. In total, there are 11 bedrooms, accommodating up to 14 tenants, ensuring a harmonious living arrangement.

Additional property features include:


* Laundry room
* Kitchen and scullery
* Inviting living area

Furthermore, the property's strategic location places it within easy walking distance of the University and all nearby amenities, such as Mimosa Mall.

Don't let this excellent income opportunity pass you by. Invest in a property that offers a promising financial return.

Property Reference #: 1217866

Agent Details:
Marba Prinsloo
Rawson Properties Bloemfontein
155, Benade Drive, Bloemfontein, Fichardt Park, Free State

Id Subtitle 1261892623
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Estimated monthly repaymentR 30,398
Total property loan amountR 2,805,000
Total interestR 4,490,516
Total repaymentR 7,295,516
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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