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!
Introduction
Bloemfontein, a beautiful city located in the heart of South Africa's Free State province, is what we are going to find out about. The city offers urban life and natural beauty with warm hospitality, rich cultural heritage and active society. Whether you are planning to move in or visit it for some time, history intertwined with modernity and a strong sense of community can be found in...
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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.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
