| Well-Established Student Accommodation with Strong Income Stream |
This well-maintained property presents a rare and lucrative investment opportunity in a high-demand student area. Ideally located within walking distance of the University of the Free State, it is perfectly suited for student accommodation and ensures consistent rental demand.
The property offers 9 rooms, comprising 5 single rooms, 3 sharing rooms, 2 en-suite units, and 1 bachelor unit, along with a dedicated laundry room. This layout is designed to maximise occupancy and provide excellent returns for investors. Potential income of R60 000-00, this property can accommodate 12 student
Key Features:
Prime Location: Walking distance to the university – highly attractive to students
Strong Rental Income: Generating R61 600 per month and can accommodate 12 students
NSFAS Accredited: Secure, reliable tenant base
Spacious Accommodation: Well-sized bedrooms designed for comfortable student living
Eco-Friendly & Cost-Efficient: JoJo water tanks and two solar geysers (with electrical backup)
Call today to arrange a private viewing
ERF Size 655 m²
Building Size 316m²
Rates R1,700 per month
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Sharon Trojak
c. 0834002514
sharon.trojak@rawson.co.za
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