Welcome to a prime investment opportunity nestled right in the heart of Bloemfontein. This ten-bedroom, two-bathroom property in Brandwag suburb is the perfect acquisition for those looking at stepping into student accommodation business, or for the passionate investor wanting to expand their portfolio.
This property is stunningly situated just a mere 1.1km from the university, making it a dream residence for students preferring a short and convenient walking distance to campus. Not only does this present a fantastic cash flow opportunity, with an income potential of up to R35,000 if you charge a student R3500, this investment is a steady source of revenue all year round.
The house features seven cozy and well-proportioned bedrooms, with one currently needing minor roof leak repairs. Although boasting of only one bathroom, the house makes up for it with a quaint and relaxing bathtub that is sure to be a haven for relaxation and solitude. The warm and nostalgic atmosphere of the house is further accentified by its carpets. While it might need cleaning or replacement, it has the potential to be a charming detail that provides a seamless blend of old and new.
Adjacent to the main house is a flatlet, a smaller yet equally accommodating three-bedroom space equipped with a big bathroom. Perfect for students who value comfort, privacy, and a homely environment as they conquer their university journey.
While parking may not be available, the superb location of the house more than compensizes for that, with all basic amenities and public transportation readily accessible within the busy streets of Bloemfontein. Convenient, comfortable, and cost-effective.
This acquisition is not just about owning a property; it's about stepping into a thriving market and impacting the South African youth's journey on an academic and personal level. Don't miss out on this profitable opportunity!
