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Park West, Park West, Bloemfontein, Free State
R 2 200 000
A fantastic investment opportunity in the sought-after Park West area, ideally positioned for student accommodation! This established student residence offers accommodation for up to 12 students and is ideally located approximately 1.3 km from the Uniloft pedestrian gate, providing convenient access to the university and surrounding amenities. The main house comprises 9 spacious student bedrooms and 3 bathrooms, offering comfortable accommodation for multiple students. A separate cottage provides an additional 3 bedrooms, bathroom and kitchen, creating excellent flexibility and privacy for residents. The property is well suited to investors looking to enter or expand within the student accommodation market, with the potential to generate a strong and consistent rental income. Property Features: 12 student bedrooms in total Main house with 9 bedrooms and 3 bathrooms Separate cottage with 3 bedrooms, bathroom and kitchen Furniture included in the sale Undercover parking for 3 vehicles Swimming pool Electric fencing for added security Borehole – currently not operational Approximately 1.3 km from the Uniloft pedestrian gate Excellent potential for continued student accommodation use With its prime location, generous accommodation, separate cottage and established student-housing setup, this property presents an attractive opportunity for an investor seeking rental income and long-term investment potential. Properties offering this combination of location, accommodation capacity and student rental potential are highly sought after. Contact us today to arrange a viewing and explore this excellent investment opportunity.
Estimated monthly repayment
R 20 775
on a R 1 980 000 bond over 20 years at 11.25%
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Park West, Park West, Bloemfontein, Free State
Listed by
Michael Brown
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