5 Bedroom House For Sale in Park West
R1,450,000
Monthly Bond Repayment R15,463.23
Calculated over 20 years at 11.5% with no deposit.
Web Ref No RNR19882
Welcome to this exceptional investment opportunity in the heart of Bloemfontein!
This spacious student accommodation features a main house with 5 well-appointed bedrooms and a shared bathroom, providing comfortable living for students seeking proximity to the University of the Free State (UFS) and the Central University of Technology (CUT).
Additionally, the property boasts three flatlets, comprising two bachelor flats perfect for individual students and a larger 2-bedroom flat with its own bathroom, offering flexible living arrangements to maximize rental potential.
Currently generating a rental income of R35,000, this property represents a lucrative investment, even as a fixer-upper with significant potential for value enhancement. The expansive yard provides ample space for future development, allowing for the construction of additional flatlets to further increase your rental income.
This sole mandate presents a unique chance to invest in a high-demand area with strong rental prospects. Don’t miss out on this fantastic opportunity to secure a prime investment property close to UFS and CUT!
Additionally, the property boasts three flatlets, comprising two bachelor flats perfect for individual students and a larger 2-bedroom flat with its own bathroom, offering flexible living arrangements to maximize rental potential.
Currently generating a rental income of R35,000, this property represents a lucrative investment, even as a fixer-upper with significant potential for value enhancement. The expansive yard provides ample space for future development, allowing for the construction of additional flatlets to further increase your rental income.
This sole mandate presents a unique chance to invest in a high-demand area with strong rental prospects. Don’t miss out on this fantastic opportunity to secure a prime investment property close to UFS and CUT!
Features
Bedrooms 5
Security Yes
Bathrooms 1
Flatlet 5
Recep. Rooms 1
Floor Size 150m²
Land Size 1,186m²
Carports/Parkings 2
Pets Allowed Yes
Monthly Rates R1,200.00
Security Yes
Bathrooms 1
Flatlet 5
Recep. Rooms 1
Floor Size 150m²
Land Size 1,186m²
Carports/Parkings 2
Pets Allowed Yes
Monthly Rates R1,200.00
Agent Contact Details
Elri van Jaarsveld
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 332 642 8)
Cell 084 951 5502
Office (051) 4304790
WhatsApp Me
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 332 642 8)
Cell 084 951 5502
Office (051) 4304790
WhatsApp Me
Message the Agent
1 of 1
