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Investment Opportunity: Student Accommodation Property for Sale
R 2,150,000
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4 months ago190 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):3
Parking:Covered
Description
Discover an enticing investment opportunity with this remarkable property ideally situated near the prestigious University of Free State. Currently operating as successful student accommodation, this property boasts a steady and reliable income stream, making it an ideal prospect for astute investors.
Key Features:
Generous Accommodation: Offering a total of 11 bedrooms, the property is thoughtfully designed to cater to the needs of students, providing a comfortable living space conducive to both study and relaxation.
Ample Common Areas: With two spacious lounges and two fully-equipped kitchens, residents enjoy ample communal spaces for socializing and collaborative activities.
Convenient Bathrooms: The property is equipped with three bathrooms, ensuring convenience and comfort for all residents.
Proximity to University: Strategically located in close proximity to the University of Free State, this property is an attractive option for students seeking convenient and accessible accommodation.
Abundant Parking: The property features ample open parking, ensuring the convenience and safety of residents who own vehicles.
Fully Furnished: A major highlight is that most of the furniture is included in the sale, presenting a turnkey solution for investors looking to start generating income immediately.
Utilities: The property is designed for hassle-free management, featuring prepaid electricity and water systems, providing transparency and control over utility expenses.
Well-Maintained Exterior: The paved yard not only enhances the property's aesthetic appeal but also minimizes maintenance requirements.
Security Measures: Security is a top priority with electric fencing on one side, providing a secure environment for residents.
This property represents a lucrative investment opportunity in the thriving student accommodation market. Its strategic location, thoughtful design, and well-maintained features make it an attractive option for investors looking to capitalize on the demand for quality student housing. Don't miss the chance to own a property with a proven track record of income generation and the potential for further growth. Schedule a viewing today to explore this exceptional investment prospect.
Property Reference #: BLM-RS00376
Agent Details:
Beverley Marais
Century21
86 Gen Hertzog Street,
Dan Pienaar,
Bloemfontein,
Free State,
9300
Key Features:
Generous Accommodation: Offering a total of 11 bedrooms, the property is thoughtfully designed to cater to the needs of students, providing a comfortable living space conducive to both study and relaxation.
Ample Common Areas: With two spacious lounges and two fully-equipped kitchens, residents enjoy ample communal spaces for socializing and collaborative activities.
Convenient Bathrooms: The property is equipped with three bathrooms, ensuring convenience and comfort for all residents.
Proximity to University: Strategically located in close proximity to the University of Free State, this property is an attractive option for students seeking convenient and accessible accommodation.
Abundant Parking: The property features ample open parking, ensuring the convenience and safety of residents who own vehicles.
Fully Furnished: A major highlight is that most of the furniture is included in the sale, presenting a turnkey solution for investors looking to start generating income immediately.
Utilities: The property is designed for hassle-free management, featuring prepaid electricity and water systems, providing transparency and control over utility expenses.
Well-Maintained Exterior: The paved yard not only enhances the property's aesthetic appeal but also minimizes maintenance requirements.
Security Measures: Security is a top priority with electric fencing on one side, providing a secure environment for residents.
This property represents a lucrative investment opportunity in the thriving student accommodation market. Its strategic location, thoughtful design, and well-maintained features make it an attractive option for investors looking to capitalize on the demand for quality student housing. Don't miss the chance to own a property with a proven track record of income generation and the potential for further growth. Schedule a viewing today to explore this exceptional investment prospect.
Property Reference #: BLM-RS00376
Agent Details:
Beverley Marais
Century21
86 Gen Hertzog Street,
Dan Pienaar,
Bloemfontein,
Free State,
9300
Id Subtitle 1253053853
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Estimated monthly repaymentR 23,300
Total property loan amountR 2,150,000
Total interestR 3,441,929
Total repaymentR 5,591,929
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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Century21
Selling for 3+ years
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