Investment Opportunity Near UFS: 8-Bedroom Student Accommodation
Looking for the perfect investment opportunity near the University of the Free State (UFS) Your search ends here! Presenting a prime property that ticks all the boxes for savvy investors like you.
This property boasts six units designed to cater to the needs of students and working professionals alike. Four units offer an open-plan kitchen and living room, a bathroom, and a bedroom, providing cozy and functional living spaces. Additionally, two units feature two bedrooms, open-plan living areas, and two bathrooms, offering ample space and comfort.
Generating an impressive monthly income of R34,000, this property promises excellent returns on your investment. With a steady stream of tenants and NSFAS accreditation, you can count on consistent cash flow. Benefit from the property's business rights for a guesthouse, providing versatility and potential for additional income streams in the future.
Ensuring peace of mind, the property is secured with an electric gate and fencing, offering a safe living environment for tenants. Ample covered shade ports provide convenient parking for residents.
Each unit is equipped with its own prepaid water and electricity meters, allowing for easy management of utilities and ensuring transparency for both landlords and tenants.
Situated near the University of the Free State, this property enjoys high demand for student accommodation, ensuring high occupancy rates and minimal vacancies.
Don't miss out on this exceptional investment opportunity!!! Contact us today to schedule a viewing!!!!
Features
8
6
Interior
Bedrooms
8
Bathrooms
6
Kitchens
6
Reception Rooms
6
Exterior
Carports / Parkings
8
Security
Yes
Flatlet
6
Sizes
Floor Size
373m²
Land Size
950m²
Extras
Steel • Totally Fenced • Tiled Floors • Student Accommodation • Shade Net Covered • Secure Parking • Safe • Residential • Internet Port • Flatlet • Accommodation • Built in Wardrobes • Burglar Bars • Electric Fencing • Electric Gate • Fibre • Blinds • Curtain Rails • Dishwasher Connection • Under Counter Oven • Gas Hob • Granite Tops • Carpets • Hob • Carport • Driveway • Garden • Open Plan Kitchen • Open Plan Room • Shower, Toile tand Basin • Washing Machine Connection • University College Community
Universitas is not just a suburb-it's a testament to Bloemfontein's rich tapestry of history, academia, and culture. You'll find a harmonious blend of architectural styles along its tree-lined streets, from charming historical homes to modern student housing. Universitas' transformation from an agricultural heartland to an educational epicentre speaks volumes about Bloemfontein's dynamic growth and adaptability....
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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.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.