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Income-generated home in Universitas, Bloemfontein
R 2,695,000
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2 months ago72 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):3
Size (sqm):1071
Parking:Garage
Description
EXCELLENT INVESTMENT OPPORTUNITY!
Welcome to the property of your dreams in the sought-after student hub of Universitas, Bloemfontein. This property offers an exceptional investment opportunity and is conveniently situated in close proximity to local shopping centres, schools, and the prestigious UFS.
Currently operating as a student investment home/commune, this property has the potential to accommodate up to 13 students or working adults. The sale includes approved plans to expand the double garage, providing additional accommodation options.
Featuring six spacious rooms, including two with en-suite bathrooms, a third room with its own en-suite bathroom and kitchen nook, and the three remaining rooms sharing a third bathroom, this property offers versatility and comfort. A separate toilet adds convenience for residents.
The house boasts an inviting entrance foyer that leads to a welcoming living room and a large, well-equipped kitchen. The kitchen comes complete with ample built-in cupboards, counter tops, and a built-in stove and oven.
From the living room, you can access the exterior entertainment/braai area, the backyard, and the impressive swimming pool. The western side of the property showcases the double garage, which can be expanded to offer additional accommodation. There is also a one-bedroom flatlet with its own bathroom and kitchen nook at the back.
This property has the potential to generate a rental income ranging from R30 000 to R50 000 per month, depending on full capacity. With a front garden providing a beautiful view and a serene space for studying amidst nature, this property offers a unique environment for students.
For your convenience, prepaid water and prepaid electricity meters are installed. The time to become a successful property investor has arrived - seize this opportunity and call us today to make it a reality!
Please note that viewing is subject to pre-qualified or cash investment buyers only. Our bond originator is ready to assist you with any financial requirements.
Don't miss out on this remarkable investment opportunity - contact us now for a viewing.
# Parking: 2
Rates And Taxes: 2500
Has Pool
Has Garden
Property Reference #: 2215493
Agent Details:
Jaco Erasmus
@ Home Property Group SA (PTY) LTD
06 Norton street
Fichardtpark
Bloemfontein
9301
Welcome to the property of your dreams in the sought-after student hub of Universitas, Bloemfontein. This property offers an exceptional investment opportunity and is conveniently situated in close proximity to local shopping centres, schools, and the prestigious UFS.
Currently operating as a student investment home/commune, this property has the potential to accommodate up to 13 students or working adults. The sale includes approved plans to expand the double garage, providing additional accommodation options.
Featuring six spacious rooms, including two with en-suite bathrooms, a third room with its own en-suite bathroom and kitchen nook, and the three remaining rooms sharing a third bathroom, this property offers versatility and comfort. A separate toilet adds convenience for residents.
The house boasts an inviting entrance foyer that leads to a welcoming living room and a large, well-equipped kitchen. The kitchen comes complete with ample built-in cupboards, counter tops, and a built-in stove and oven.
From the living room, you can access the exterior entertainment/braai area, the backyard, and the impressive swimming pool. The western side of the property showcases the double garage, which can be expanded to offer additional accommodation. There is also a one-bedroom flatlet with its own bathroom and kitchen nook at the back.
This property has the potential to generate a rental income ranging from R30 000 to R50 000 per month, depending on full capacity. With a front garden providing a beautiful view and a serene space for studying amidst nature, this property offers a unique environment for students.
For your convenience, prepaid water and prepaid electricity meters are installed. The time to become a successful property investor has arrived - seize this opportunity and call us today to make it a reality!
Please note that viewing is subject to pre-qualified or cash investment buyers only. Our bond originator is ready to assist you with any financial requirements.
Don't miss out on this remarkable investment opportunity - contact us now for a viewing.
# Parking: 2
Rates And Taxes: 2500
Has Pool
Has Garden
Property Reference #: 2215493
Agent Details:
Jaco Erasmus
@ Home Property Group SA (PTY) LTD
06 Norton street
Fichardtpark
Bloemfontein
9301
Id Subtitle 1263354232
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Estimated monthly repaymentR 29,206
Total property loan amountR 2,695,000
Total interestR 4,314,418
Total repaymentR 7,009,418
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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Home Property Group SA (PTY) LTD
Selling for 2+ years
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