R2,995,000
Monthly Bond Repayment R30,914.04
Calculated over 20 years at 11.0% with no deposit.
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Another Excellent Investment Opportunity – Approx. 1.8 km from UOFS.
Perfectly located near the University of the Free State, this immaculate property offers a blend of convenience, modern living and investment potential. The main house, in pristine condition, serves as a family residence with 3 spacious, north-facing bedrooms, 2 modern bathrooms, and 3 open-plan living areas. The modern kitchen, laundry, and study complete this welcoming family home, which can easily be adapted to double up on student accommodation.
The property's second wing is designed for student living and offers 5 neat, furnished bedrooms, a well-appointed and furnished open-plan lounge and dining area, a pristine bathroom with a separate toilet, and a spacious kitchen fully equipped for student needs. A patio with braai facilities adds to the comfort of this space, making it perfect for social gatherings.
One of the standout features is that this student accommodation is already accredited with the University of the Free State, generating a monthly rental income of R3900 – R4100 per student.
Additional security features include electric fencing, two separate automated gates, outdoor beams, and an alarm system, ensuring peace of mind for both residents and tenants. The sizable yard presents opportunities for further development and expansion, enhancing the property's long-term value.
Don't miss out on this excellent investment opportunity in a prime location! Call me today to arrange a viewing.
