R3,700,000
10
Bedrooms
3
Bathrooms
5
Parkings
Monthly Rates
R1,908.37
Total
R1,908.37
Student Investment Property For Sale!
32 Pierre Ollemans
Web Ref.
RLS996149
This spacious and well-maintained 10-bedroom student house is perfectly positioned in the heart of Brandwag, just minutes away from the University of the Free State and the bustling Mimosa Mall. Ideal for student accommodation investors or those seeking a high-yield property in one of Bloemfontein’s most sought-after rental areas.
Property Features
Bedrooms: 10
Bathrooms: 3 (plus 3 bedrooms with private bathrooms)
Kitchens: 1 communal kitchen
Solar Geysers: 2 – energy-efficient solution ensuring hot water supply
Borehole: Yes – provides water security and reduced municipal dependency
Furnishings and Equipment
Each student room is comfortably furnished, providing a modern and convenient living environment:
New mattresses
Bedside tables & lamps
Study desks & chairs
Bookshelves
Shared appliances including microwaves, stove plates, and a washing machine
Additional Amenities
Wi-Fi: Provided for all tenants
Secure and convenient location close to campus, shopping, and transport routes
Fully equipped for student living — functional and ready for continued letting
Financial Overview
Total Potential Monthly Rental Income: R61,000.00
Monthly Expenses:
Insurance: R833.33
Electricity: R6,000.00
Municipality: R1,644.32
WiFi: R660.00
With strong rental demand from students all year round, this property offers excellent income potential and secure investment returns.
Investment Value-Add
Sustainable upgrades including solar geysers and a borehole
Low maintenance fixtures and modern furnishings
Turnkey operation – immediately income-generating
Property Features
Bedrooms: 10
Bathrooms: 3 (plus 3 bedrooms with private bathrooms)
Kitchens: 1 communal kitchen
Solar Geysers: 2 – energy-efficient solution ensuring hot water supply
Borehole: Yes – provides water security and reduced municipal dependency
Furnishings and Equipment
Each student room is comfortably furnished, providing a modern and convenient living environment:
New mattresses
Bedside tables & lamps
Study desks & chairs
Bookshelves
Shared appliances including microwaves, stove plates, and a washing machine
Additional Amenities
Wi-Fi: Provided for all tenants
Secure and convenient location close to campus, shopping, and transport routes
Fully equipped for student living — functional and ready for continued letting
Financial Overview
Total Potential Monthly Rental Income: R61,000.00
Monthly Expenses:
Insurance: R833.33
Electricity: R6,000.00
Municipality: R1,644.32
WiFi: R660.00
With strong rental demand from students all year round, this property offers excellent income potential and secure investment returns.
Investment Value-Add
Sustainable upgrades including solar geysers and a borehole
Low maintenance fixtures and modern furnishings
Turnkey operation – immediately income-generating
Features
Interior
Exterior
Sustainability
Sizes
Monthly Repayment
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