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12 Bedroom House Sold in Universitas

R2,850,000

Monthly Bond Repayment R29,417.36
Calculated over 20 years at 11.0% with no deposit.

Web Ref RNR21242

Not-to-be-Missed Property Investment Opportunity!

This is the property investment you’ve been waiting for! Located less than a kilometre from the University of the Free State, this exceptional property is already generating strong rental returns, with 16 students currently occupying the various units.
The property features:
A main house with five bedrooms, an open-plan dining, lounge, and kitchen area, with a separate laundry space for convenience. Ideal for student living.
Two two-bedroom flats.
A three-bedroom flatlet.
Very spacious one bedroom flat with en-suite bathroom.
Each flatlet offers unique kitchen, lounge/dining room, and bathroom facilities, ensuring comfortable, self-contained living spaces for the tenants.
Situated on a large stand, the property provides ample room for expansion and future development. Additionally, a borehole, a 5,000-litre JoJo tank, and a 10,000-litre JoJo tank guarantee a reliable water supply.
With endless potential and a prime location, this investment opportunity is one you can't afford to miss! Contact me today to schedule a viewing!