R2,950,000
Monthly Bond Repayment R28,958.47
Calculated over 20 years at 10.25% with no deposit.
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Student Accommodation Investment – Universitas | 1.47 km from University of the Free State
An investment opportunity, perfectly positioned just 1.47 km from UFS, making it attractive for student accommodation.
This well-located residential property is currently in the process of a Consent Use application, accommodating up to 15 students, offering investors strong rental demand in one of Bloemfontein’s most sought-after student areas.
Property Features:
• 9 spacious bedrooms
• 4 private flatlets, each with:
o Own bathroom
o Kitchenette
• Communal braai area
• Well-positioned on a manageable stand in a popular rental pocket
The layout offers flexibility with a combination of shared and private living options, catering to different student preferences.
Monthly Expenses:
• Rates & Taxes: ± R7,200
• Water: ± R3,200
• Cleaner: R1,000
• Wi-Fi: R1,200
• Garden Services: R690
With its prime proximity to campus and structured accommodation setup, this property presents an income-generating opportunity for investors in student accommodation segment.
Kindly contact me to arrange a viewing and discuss the potential in more detail.
