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Bloemfontein Central, Bloemfontein Central, Bloemfontein, Free State
R 690 000
This centrally located three-bedroom apartment presents an excellent opportunity for investors looking to secure a property with strong student accommodation potential. Currently utilised as student accommodation, the apartment has been adapted to maximise its functionality. The original lounge has been converted into a third bedroom, creating three comfortable bedrooms in total. All three bedrooms are fitted with built-in cupboards, offering students convenient and ample storage space. The apartment features a communal kitchen designed for shared student use, while the bathroom is equipped with a bathtub, basin and toilet. The property is in generally good condition, with only a few minor maintenance items that can be attended to over time. This also gives an investor the opportunity to make improvements and further enhance the property's overall appeal and functionality. One of the property's biggest advantages is its central location. It is conveniently situated close to the Central University of Technology (CUT), Motheo TVET College and other surrounding colleges and educational institutions in the Bloemfontein Central area. Its location makes it well suited to the growing demand for conveniently positioned student accommodation. Whether you're looking to expand an existing property portfolio or seeking an investment with the potential to generate rental income, this apartment offers a practical combination of location, functionality and future potential. An appealing opportunity for investors seeking a centrally located property already configured for student accommodation. Contact us today to make it yours!
Estimated monthly repayment
R 6 516
on a R 621 000 bond over 20 years at 11.25%
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Bloemfontein Central, Bloemfontein Central, Bloemfontein, Free State
Fair-value check
Fairly pricedIn line with comparable 3-bed apartments for sale in Bloemfontein Central
Based on 51 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Anika Ndlovu
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