INVESTMENT OPPORTUNITY IN PRIME LOCATION

R2,890,000
Property Details

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

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

The whole establishment has capacity of 15 beds with potential of expansion to 20 beds.

The facility, is dynamic and appropriate to provide superior student accommodation with exceptional levels of service. It is strategically located in the vicinity of UFS, shopping malls, restaurants and other amenities.

Flats are shared, with the options of single or double occupancy rooms. Bedrooms are fully furnished, featuring a single bed, study desk, chair per student as well as a cupboard for storage.

There are four flats with total capacity of 10 single beds, each flat has a communal kitchen and bathroom. The heart of the house is the huge communal farm style kitchen with ample storage space. Furthermore, there is a total capacity of 5 beds, and shared bathrooms. All the rooms are neatly tiled.

Additional facilities include: There is an electronic controlled access to the property and electric fence to enhance security. Borehole and two water storage tanks to assist during water outages. Gas geyser. Laundromat facility. Wendy house used by the caretaker. Ample paved parking space and carports. A Built-in 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!!

Call me today to schedule for your private viewing.

Property Features
Property Type
House
Bedrooms
12
Bathrooms
5
Garages
1
Covered Parking
6
Open Parking
4
Floor Size
1,979m²
Land Size
1,979m²
Living Area
1
Costs and Terms
Rates & Taxes
±R2,900
Additional Information
Pets Allowed
No
Location
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