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8 Bedroom Freehold For Sale in Universitas

R2,990,000


Monthly Bond Repayment R32,402.84
Calculated over 20 years at 11.75% with no deposit.

Web Ref No RLS957780

8 Bedroom/ 6 Unit House for Sale in Universitas

Investment Opportunity Near UFS: 8-Bedroom Student Accommodation

Looking for the perfect investment opportunity near the University of the Free State (UFS) Your search ends here! Presenting a prime property that ticks all the boxes for savvy investors like you.

This property boasts six units designed to cater to the needs of students and working professionals alike. Four units offer an open-plan kitchen and living room, a bathroom, and a bedroom, providing cozy and functional living spaces. Additionally, two units feature two bedrooms, open-plan living areas, and two bathrooms, offering ample space and comfort.

Generating an impressive monthly income of R34,000, this property promises excellent returns on your investment. With a steady stream of tenants and NSFAS accreditation, you can count on consistent cash flow.
Benefit from the property's business rights for a guesthouse, providing versatility and potential for additional income streams in the future.

Ensuring peace of mind, the property is secured with an electric gate and fencing, offering a safe living environment for tenants. Ample covered shade ports provide convenient parking for residents.

Each unit is equipped with its own prepaid water and electricity meters, allowing for easy management of utilities and ensuring transparency for both landlords and tenants.

Situated near the University of the Free State, this property enjoys high demand for student accommodation, ensuring high occupancy rates and minimal vacancies.

Don't miss out on this exceptional investment opportunity!!! Contact us today to schedule a viewing!!!!

Features

Bedrooms 8
Security Yes
Bathrooms 6
Flatlet 6
Recep. Rooms 6
Floor Size 373m²
Land Size 950m²
Carports/Parkings 8
Monthly Rates R0.01
Monthly Levy R0.01
Extras

Steel
Totally Fenced
Tiled Floors
Student Accommodation
Shade Net Covered
Secure Parking
Safe
Residential
Internet Port
Flatlet
Accommodation
Built in Wardrobes
Burglar Bars
Electric Fencing
Electric Gate
Fibre
Blinds
Curtain Rails
Dishwasher Connection
Under Counter Oven
Gas Hob
Granite Tops
Carpets
Hob
Carport
Driveway
Garden
Open Plan Kitchen
Open Plan Room
Shower, Toile tand Basin
Washing Machine Connection
University College Community

Agent Contact Details

Jeanone Robertson
Principal Property Practitioner
Registered with PPRA
(FFC 202 323 003 19)

Cell 082 781 1182
Office (051) 4923450
WhatsApp Me
Wilma du Plessis
Bloemfontein

Cell 082 928 8883
Office (051) 4923450
WhatsApp Me

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