Prime Student Accommodation Investment – 9-Bedroom House Near the University of the Free State
This fully furnished 9-bedroom student house is the perfect investment opportunity, ideally located just a short walk from the University of the Free State. The property boasts a consistent monthly rental income of R37,800, making it a lucrative venture for savvy investors looking to tap into the ever-growing student rental market.
Designed to accommodate multiple tenants comfortably, the house features 3 spacious bathrooms, ensuring convenience for all residents. The communal kitchen and scullery provide ample space for shared meal preparations, fostering a welcoming student living environment.
In addition to its well-thought-out interior, the property includes 4 undercover parking spaces, offering safe and secure parking for tenants with vehicles. A bonus Wendy House adds extra storage options, ideal for bicycles, outdoor equipment, or additional tenant belongings.
The property is fitted with pre-paid electricity, giving the owner control over his energy consumption while reducing management hassle. Located in a high-demand area with proximity to shops, public transport, and campus facilities, this student house offers both stability and potential for further growth.
This is an opportunity not to be missed – a solid investment with substantial income potential in a prime location!
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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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
