INVESTMENT OPPORTUNITY IN PRIME LOCATION

R2,805,000
Property Details

Student accommodation is forever in demand commodity which is growing at rapid speed. This is a plug and play return on investment.

The property is accredited by University of the Free State [UFS] to accommodate students.

The whole establishment has total capacity of 15 beds with the options of single occupancy or double occupancy per room.

The facility, is dynamic and appropriate to provide superior student accommodation with exceptional levels of service. It is strategically located in the vicinity of varsity, shopping malls, restaurants and other amenities. It is approximately 5-minute walk to the varsity campus.

Student rooms are fully furnished, featuring a single bed, study desk, chair, cupboard for storage per student. Communal facilities include the bathrooms and toilets. Shared spacious farm house style kitchen with lots of built in cupboards and a scullery. There also is living area which can be used for small gatherings.

Additional facilities are: heat pump connected to the geyser, palisade fence for security, laundromat, ample paved parking space and carport. Braai facility for outdoor social gatherings. The surroundings are clean and well-maintained.

Don’t miss the chance to own this exceptional income-generating property!!

Contact me today to schedule for your private viewing

Property Features
Property Type
House
Bedrooms
11
Bathrooms
3
Garages
1
Covered Parking
4
Open Parking
4
Floor Size
1,114m²
Land Size
1,114m²
Living Area
1
Costs and Terms
Rates & Taxes
±R2,200
Additional Information
Pets Allowed
No
Location
Make an enquiry
Interested in this property? Please fill in your details below, and we will contact you as soon as possible.
By clicking on "submit" you agree to our privacy policy.
Property Alerts
Receive email alerts for properties matching your criteria.
You may also be interested in these properties
Property #2185710, House for sale in Waverley
R 2,195,000
House for sale in Waverley
Friendly Family Home With Loads Of Space
This family home in a quiet cul-de-sac offers versatile accommodation, including a separate "second house" for various purposes.
5
3.5
300m²
1,475m²
Property #2221294, House for sale in Westdene
R 2,990,000
House for sale in Westdene
The Income Is The Outcome
Income generating property in Westdene with potential as family home or investment. Neat, character-filled with pool and garden. Worth calling.
4
4
1
980m²
Property #2208196, House for sale in Fichardt Park
Reduced
R 2,350,000
House for sale in Fichardt Park
Opposite Rose Park Hospital
This house is ideal for medical professionals or as a guesthouse near Rose Park Hospital, with renovated bathrooms and a pool.
3
2
2
1,180m²