House for sale
Consistent rental income in lively Brandwag, within walking distance to UFS — fully furnished student commune with solar backup and CCTV, eleven bedrooms and five bathrooms.
ATTENTION INVESTORS!
9 BEDROOM STUDENT COMMUNE WITH A 2-BEDROOM FLATLET IN THE POPULAR SUBURB OF BRANDWAG, BLOEMFONTEIN!
Solar panels and system with back-up inverter, CCTV cameras (both items only included with a full offer) and furnished rooms! (3 x fridges excluded from the sale). Save on electricity and create a secure living for your tenants!
The main house:
- Side entrance from a kitchen equipped with a loose standing stove/oven, counter tops and censor lights.
- Passage to 9 bedrooms and 2 bathrooms. Corridors and bathrooms are fitted with censor lights.Bathrooms have extraction fans.
- Each bedroom is equipped with a bed, study desk and chair with a cupboard.
2 bedroom flatlet:
- kitchen
- two single bedrooms
- bathroom
- separate toilet
Spacious back yard. Manual security gate.
At the moment it generates a monthly income of R35 800 over 10 months (8 NSFAS students at the moment), with a potential to reach R49 280 if all 11 rooms are fully occupied.
Estimated expenses:
Water +\- R2 000
Electricity with no solar R5 500 to R7 900 pm. With the solar R500 to R1500 pm.
Wifi R780 per month
Alarm R490 per month
Rates and taxes R1800 per month
Solar system (included depending on amount/offer received):
12kw inverter
14 x 610 panels
16kw battery
Good location - within walking distance from the UFS and situated in a popular student hub!
Hurry and give us a call to add this property to your investment portfolio!
Listed for sale at R2,550,000
Price reduced by 7.8% to R2,350,000
How does this home’s price compare with similar properties?
Insight
Priced 13% below the local median - at the lower edge of the typical range in Brandwag.
Compared with 16 5+ bed homes (18 listings) in Brandwag.
It's priced below similar homes, which may reflect condition, position or finishes.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Brandwag is a centrally located, vibrant suburb in Bloemfontein that offers residents convenient access to major shopping hubs, top-tier educational institutions, and essential medical facilities.
