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R2,940,000

Monthly Bond Repayment R31,860.99
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R0.0
Monthly Rates
R1,450
Special Levy
R0.0

17 Bedroom Student Accommodation For Sale in Brandwag

Profitable Student House For Sale

Discover the pinnacle of investment potential in the lucrative student accommodation market with this spacious property, offering accommodation for up to 17 tenants. Nestled in a prime location with convenient access to nearby universities and colleges, this property promises high demand and substantial returns for savvy investors.

Features:

Ideal Layout: Boasting one well-equipped kitchen and four bathrooms, this property is thoughtfully designed to cater to the needs of its residents, ensuring comfort and convenience.

Controlled Utility Usage: Each bedroom is fitted with pre-paid electricity meters, empowering tenants to manage their utility expenses effectively, while a solar geyser enhances energy efficiency, minimizing operational costs and environmental impact.

Reliable Water Supply: Enjoy uninterrupted water supply with a borehole and filtration system, providing clean water for residents' daily needs.

Lucrative Returns: With a monthly rental income totaling R64,000, investors can anticipate significant returns on their investment, ensuring a stable and profitable venture in the student housing market.

NSFAS Accreditation: Rest assured with registration under the National Student Financial Aid Scheme (NSFAS), offering assurance of reliable rental income and financial stability.

Enhanced Security: Prioritizing safety, the property is equipped with CCTV surveillance and Wi-Fi connectivity, providing tenants and landlords alike with peace of mind and convenience.

Don't Miss Out!

Seize this exceptional investment opportunity and secure your financial future in the thriving student accommodation market. Contact us today to schedule a viewing and embark on a journey towards lucrative returns and long-term success!

Features

17
6
Interior
Bedrooms
17
Bathrooms
6
Kitchens
4
Exterior
Carports / Parkings
4
Sizes
Land Size
664m²

Brandwag, Bloemfontein

Brandwag is an affluent residential neighbourhood of leafy streets lined with low-rise houses. Mid- to upper-range hotels, as well as offices and shopping malls, cluster along busy Nelson Mandela Drive, while low-key guesthouses cater to visitors to the nearby University of the Free State. Dining options range from bakery-style cafes to South African restaurants serving grilled meat and pap, a Bantu porridge.
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group 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.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

31,860.99

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