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Brandwag, Brandwag, Bloemfontein, Free State
R 3 950 000
Currently accredited with one of the big NSFAS funded institutions, this building gives you a great opportunity as a property investor. All you have to do is detailed accounting below: All 16 bedrooms under roof and outside cottage inclusive: 11 single rooms and 5 double sharing bedrooms to give you a total of 21 beds in the property 5 ensuite bathrooms and 11 sharing bathrooms to make 16 bathrooms in the property 2 sharing kitchens for both downstairs and upstairs and pantry/storage Main lounge on the ground floor. CCTV and alarm for security With 100% occupancy your gross income should be almost R100k per month Student accommodation investors know the crux of the business, just improve your grading to draw more out of this gem. Don't waste time, book for a viewing to get the reality
Estimated monthly repayment
R 37 301
on a R 3 555 000 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
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Brandwag, Brandwag, Bloemfontein, Free State
Listed by
Busisiwe Mnguni
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