This 5-bedroom student property offers the following:
Main house:
- 5 Bedrooms: 3 single rooms and 2 shared rooms, both with en-suite bathrooms (toilet, bath, and hand basin). There is an additional bathroom with 3 showers, a hand basin, and a toilet, as well as a separate toilet for added convenience.
- A large kitchen that meets the cooking needs of the students.
- The property is approximately 1.5 km from the Roosmaryn Gate of the University of the Free State and about 2 km from the Central University of Technology (CUT).
- The current monthly rental income is about R24,000, with the potential to reach R33,000 when fully occupied.
There is also a 1-bedroom flatlet consisting of an open-plan bedroom/study area and kitchenette, a large bathroom (with shower and hand basin), a separate toilet, and a single carport.
The property has a big yard with ample space for expansion if needed.
- Zinc hut for additional storage.
Investor Features:
- Borehole for the garden (not in use and needs servicing).
- Prepaid water and electricity
Contact me to make this investment your own.
