Investment !! 6 Bedroom Student House for Sale In Brandwag
Welcome to the perfect investment opportunity for student housing in Brandwag, Bloemfontein! Located conveniently close to the university and the bustling mall, this spacious 6-bedroom student house is a prime piece of real estate waiting to be seized. R32400 income per month .
Step inside to discover a cozy retreat for students, with each of the 6 bedrooms boasting plush carpet flooring for comfort during those late-night study sessions. With 2 bathrooms, a communal kitchen, and a lounge area, there's ample space for communal living and bonding.
Sold fully furnished, this property is ready to welcome its new tenants with open arms. While the borehole is in place, a little TLC is needed to set it up, ensuring a sustainable water supply for the household.
Flexibility is key with this property. The garage presents an opportunity for conversion into an additional sharing or single room, maximizing rental potential. Additionally, there's an extra room outside that can serve as another single room, catering to the needs of even more students.
But the perks don't end there. The expansive backyard offers endless possibilities, with enough space to build another house, expanding your investment portfolio further.
Currently accommodating 8 students with a potential capacity for 12, this property already generates an impressive income of R32 400.00. With its strategic location and promising returns, this student house is a lucrative investment opportunity not to be missed. Don't let this opportunity pass you by – seize it today and start reaping the rewards of student housing in 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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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
Beyond your expectation