Student Accommodation/Guest House for Sale

R 6,600,000

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2 months ago46 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):1225
Parking:Garage
Description
Welcome to this exceptional 20-bedroom property, offering an incredible opportunity for investors, entrepreneurs, or those seeking a spacious and versatile living space. This impressive estate is strategically located and comes with a unique combination of features that make it perfect for student accommodation or a thriving guesthouse business.

Property Overview:

*Bedrooms: 20 (5 in the main house, 15 in the adjacent building)
*Bathrooms: 17.5 (2.5 in the main house, each of the 15 bedrooms in the separate building has an en suite bathroom)
*Zoning: Rezoned for Student Accommodation
*Electrical: Pre-paid electricity with individual meters for each room
*Communal Spaces: Dining area and lounge for social gatherings
*Outdoor Amenities: Beautifully landscaped garden with irrigation system, inviting splash pool
*Parking: Double lock-up garage and a carport for seven cars

Additional Features:
Fiber connectivity throughout the house, two studies, family room, lounge, dining room, well-equipped kitchen

Main House (5 Bedrooms):
As you enter the main house, you'll be greeted by a spacious and elegant living environment. This section of the property features 2.5 bathrooms, providing ample convenience for residents. The two studies are ideal for work or study, and the family room, lounge, and dining room offer comfortable spaces for relaxation and entertainment. The well-equipped kitchen is designed to cater to a large household or guest capacity.

Adjacent Building (15 Bedrooms):
The separate building boasts 15 generously sized bedrooms, each with its own en suite bathroom, ensuring privacy and comfort for all occupants. These rooms are equipped with pre-paid electricity meters, allowing for individualized billing and budget control.

Ample Parking:
With a double lock-up garage and a carport accommodating up to seven cars, parking will never be an issue for residents or guests.

Property Reference #: 1219907

Agent Details:
Pieter Delport
Rawson Properties Bloemfontein
155, Benade Drive, Bloemfontein, Fichardt Park, Free State

Id Subtitle 1261894832
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Estimated monthly repaymentR 71,525
Total property loan amountR 6,600,000
Total interestR 10,565,920
Total repaymentR 17,165,920
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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