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R3,850,000

Monthly Bond Repayment R41,722.72
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R0.0
Monthly Rates
R2,800
Special Levy
R0.0

18 Bedroom Student Accommodation For Sale in Brandwag

Lucrative Student Commune For Sale

Welcome to an unparalleled investment opportunity in the thriving student accommodation market. Situated in a prime location and meticulously provisionally zoned and accredited by both UOFS and NSFAS, this student commune stands as a beacon of reliability and quality, ensuring a consistent influx of tenants year-round.

Property Features:

Strategic Location: Positioned for success, this student commune enjoys high demand due to its strategic location, ensuring maximum occupancy and profitability.

Spacious Accommodation: With eighteen tiled bedrooms and eight bathrooms, including four en-suites, this property offers ample space and comfort for its residents, fostering a conducive environment for academic excellence and personal growth.

Functional Kitchen: A well-equipped functional kitchen serves as the heart of the property, catering to the culinary needs of residents and promoting communal living.

Financial Overview:

Current Income: Generate steady cash flow with the property's impressive current income of R 74,600-00-00, reflecting its desirability and profitability in the market.

Cost-Efficient Operations: Keep expenses to a minimum with pre-paid meters in each room and a borehole providing filtered water, ensuring efficient and sustainable operations.

Proven Track Record: Benefit from a proven track record of delivering outstanding rental income, providing investors with confidence in the property's long-term profitability and stability.

Schedule Your Viewing Today:

Don't miss out on this exceptional investment opportunity in the lucrative student accommodation market. Contact us now to schedule your viewing and explore the potential of this lucrative student commune. Act swiftly to secure your future success!

Features

18
4
Interior
Bedrooms
18
Bathrooms
4
Kitchens
1
Exterior
Carports / Parkings
1
Sizes
Land Size
655m²
Extras
Student Accommodation

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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

41,722.72

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