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R2,995,000
R2,995,000
Monthly Bond Repayment R31,939.57
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
Monthly Rates
R1,400
R1,400
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.
Features
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
5
Kitchens
2
Reception Rooms
6
Exterior
Garages
1
Carports / Parkings
2
Security
Yes
Flatlet
1
Sizes
Floor Size
391m²
Land Size
1,452m²
Extras
Flatlet • North • Burglar Bars • 24 Hour Response • FreestandingUniversitas, 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.
