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R6,990,000
R6,990,000
Monthly Bond Repayment R74,543.43
Calculated over 20 years at 11.5% with no deposit.
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PRIME DEVELOPMENT PROPERTY - EXCLUSIVE STUDENT HOUSING !
Welcome to a once-in-a-lifetime opportunity to transform this Prime Development Property into exclusive student housing! Located next to other Prime Developments approximately 400 meters from the University gate.
Town Planning Perfection:
• The groundwork has been meticulously laid with rezoning almost completed, which will streamline the development process for 66 bachelor flats and provision for 27 secure parking spaces.
Currently, the property features two dwellings featuring 22 bedrooms and 12 bathrooms and is generating a current rental income. For more information regarding the CURRENT DWELLINGS please contact the Agent.
Investment Potential:
The ever-growing demand for student accommodation situated within walking distance of academic institutions cannot be overstated.
This property perfectly aligns with this demand.
As students seek accommodation that complements their educational journey, investing in a property that fulfills this essential need is not just a financial decision but a step towards fostering students’ success.
In closing, RealNet Properties, Bloemfontein, is dedicated to adding value to your current investment portfolio. Our experienced team is committed to ensur a rewarding experience as you secure this remarkable property as part of your portfolio to create a prime development with a Huge Potential future income.
Phone Jeanette now to schedule a private viewing and witness the beginning of a new chapter in your success story!
Features
Pets Allowed
Yes
Interior
Bedrooms
21
Bathrooms
12
Kitchens
2
Reception Rooms
4
Exterior
Carports / Parkings
15
Security
Yes
Pool
Yes
Sizes
Land Size
3,007m²
Universitas, Bloemfontein
Universitas is a Latin word meaning "the whole of the Universe."
Centrally located in Bloemfontein and widely known since both the Free State University as well as the Universitas Training Hospital is situated in the area.
Popular schools are also found here such as Grey College and Eunice Girls School. Numerous churches, guesthouses and shopping centres are in place to service the residents. The suburb...
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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.
