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R3,640,000

Monthly Bond Repayment R39,446.94
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,600

Prime Investment Opportunity - NFSAS Accredited Student Accommodation

Lucrative investment opportunity in the heart of Bloemfontein. The property comprises a mix of single rooms, sharing rooms, and three exclusive rooms with private bathrooms, ensuring diverse options to suit varying preferences.
A communal kitchen equipped with essential appliances including a stove and fridge, facilitating convenient meal preparation. Additionally, a communal washing machine is provided for residents' laundry needs.
Residents can enjoy shared outdoor spaces, including a communal braai area, perfect for social gatherings and relaxation.
The property boasts a fully functional borehole with a sophisticated filtration system, meeting the standards set by NFSAS (National Student Financial Aid Scheme). The garden is equipped with an irrigation system directly connected to the borehole, ensuring easy maintenance and lush greenery all year round.
This property presents an excellent investment opportunity, generating a lucrative rental income of R69,000 per month. With its prime location and well-appointed facilities, it attracts students seeking comfortable and convenient living arrangements, ensuring a steady stream of rental revenue.
Conveniently situated in close proximity to UOFS, this student accommodation offers easy access to educational facilities, transportation hubs, shopping centers, and other amenities, enhancing the overall appeal for prospective tenants.
With a high demand for student housing in the area, this property promises a reliable and steady rental income.


Don't miss out on this exceptional investment opportunity in the thriving student accommodation market. Contact us today to schedule a viewing and secure your stake in this lucrative venture!

Features

18
6
Interior
Bedrooms
18
Bathrooms
6
Kitchens
1
Furnished
Exterior
Carports / Parkings
8
Sizes
Land Size
831m²
 
  • 1
 

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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa 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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

39,446.94

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