House for sale
Profitable student investment in Brandwag, walking distance to UFS and amenities, offering 11 bedrooms and 5 bathrooms, secure CCTV and a 12kW solar system with backup inverter.
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:
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
Similar properties pricing
Insight
Priced 6% below the local median - but still inside the typical range in Brandwag.
Compared with 17 5+ bed homes (20 listings) in Brandwag.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Brandwag is a highly sought-after, centrally located suburb in Bloemfontein that offers residents a perfect blend of convenience, proximity to top-tier educational institutions, and easy access to the city's premier shopping and medical facilities.
