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Bloemfontein Central, Bloemfontein Central, Bloemfontein, Free State
R 1 050 000
An excellent opportunity to acquire a fully accredited student accommodation property within walking distance of the Central University of Technology CUT. This investment property is ideally positioned approximately 15 minutes'' walk from CUT, making it highly attractive to the student rental market.The property comprises a 5-bedroom apartment with a total accommodation capacity of 9 beds, configured as 1 Single Room and 4 Sharing Rooms. At full capacity rental income is R39 600.The apartment is designed for comfortable student living and includes 2 Bathrooms, each fitted with 2 showers and 1 toilet, a spacious kitchen equipped with a washing machine and deep freezer and prepaid water and electricity, allowing for easy utility management and cost control.Rental roll available upon request for serious buyers.The property is CUT accredited, providing added confidence for investors seeking a compliant and established student accommodation asset. Show more Show less
Estimated monthly repayment
R 9 915
on a R 945 000 bond over 20 years at 11.25%
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Bloemfontein Central, Bloemfontein Central, Bloemfontein, Free State
Area view — the exact address is shared on enquiry.
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