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R2,940,000
R2,940,000
Monthly Bond Repayment R31,353.03
Calculated over 20 years at 11.5% with no deposit.
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Prime Investment Opportunity near University of Free State
Welcome to your next lucrative investment venture! Situated mere steps away from the esteemed University of Free State, this property offers an unparalleled opportunity for investors seeking both substantial monthly income and long-term growth potential.
Key Features:
Monthly Income: Generating a staggering R64,000 in monthly revenue, this property ensures a steady and impressive return on investment.
Location: Strategically positioned within walking distance of the University of Free State, catering perfectly to the student demographic.
Security: Fully fenced premises, equipped with state-of-the-art security features including an alarm system, CCTV cameras, and a security gate entrance with cell-to-gate access, guaranteeing peace of mind for both tenants and owners.
Amenities: Boasting modern conveniences such as a well-equipped kitchen with stove and fridge, secured parking space, solar geyser for energy efficiency, fiber internet connectivity, and prepaid electricity and water meters, ensuring hassle-free management and maximum tenant satisfaction.
Accommodation: Featuring a total of 17 bedrooms, offering a mix of single and shared occupancy options, each room comes fully furnished with beds, study tables, and built-in cupboards, providing students with a comfortable and conducive living environment.
Why Invest Here?
High Demand: With its proximity to the university, demand for accommodation among students is consistently high, ensuring a continuous flow of tenants year-round.
Passive Income: Enjoy the benefits of passive income with minimal effort required for management, thanks to the property's turnkey setup and comprehensive amenities.
Future Growth: As the University of Free State continues to attract students and expand its programs, the value of this investment is poised to appreciate significantly over time.
Don't miss out on this exceptional investment opportunity! Whether you're a seasoned investor or a first-time buyer, this property offers the perfect blend of income generation, location advantage, and potential for long-term wealth accumulation.
Schedule your viewing today and secure your stake in this lucrative venture!
Features
Pets Allowed
Yes
Interior
Bedrooms
17
Bathrooms
4
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
6
Security
Yes
Sizes
Land Size
664m²
Brandwag, Bloemfontein
Situated in the Free State province, the tranquil city of Bloemfontein is the judicial capital of South Africa. It is the economic hub of the Mangaung Local Municipality, "place where the Cheetahs dwell", as well as the commercial capital of the province.
Bloemfontein is extremely popular for its grand showcase of roses, the 'Mangaung Rose Festival'. Held every October since 1976, the festival attracts thousands...
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Disclaimer: While every effort will be made to ensure that the information contained within the RealNet Properties website is accurate and up to date, RealNet Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
