$153,695

Welcome to your next lucrative investment venture! Situated mere steps away from the esteemed University of Free State, this property offers an unparalleled opportunity for investors seeking both substantial monthly income and long-term growth potential. Key Features: Monthly Income: Generating a staggering R64,000 in monthly revenue, this property ensures a steady and impressive return on investment. Location: Strategically positioned within walking distance of the University of Free State, catering perfectly to the student demographic. Security: Fully fenced premises, equipped with state-of-the-art security features including an alarm system, CCTV cameras, and a security gate entrance with cell-to-gate access, guaranteeing peace of mind for both tenants and owners. Amenities: Boasting modern conveniences such as a well-equipped kitchen with stove and fridge, secured parking space, solar geyser for energy efficiency, fiber internet connectivity, and prepaid electricity and water meters, ensuring hassle-free management and maximum tenant satisfaction. Accommodation: Featuring a total of 17 bedrooms, offering a mix of single and shared occupancy options, each room comes fully furnished with beds, study tables, and built-in cupboards, providing students with a comfortable and conducive living environment. Why Invest Here? High Demand: With its proximity to the university, demand for accommodation among students is consistently high, ensuring a continuous flow of tenants year-round. Passive Income: Enjoy the benefits of passive income with minimal effort required for management, thanks to the property's turnkey setup and comprehensive amenities. Future Growth: As the University of Free State continues to attract students and expand its programs, the value of this investment is poised to appreciate significantly over time. Don't miss out on this exceptional investment opportunity! Whether you're a seasoned investor or a first-time buyer, this property offers the perfect blend of income generation, location advantage, and potential for long-term wealth accumulation. Schedule your viewing today and secure your stake in this lucrative venture!

Amenities

• Bedrooms: 17
• Full Bathrooms: 4
• Partial Bathrooms: 0
• Property Type: Residential
• Home size: 0 ft² / 0.00 m²
• MLS: RNR16894
• Status: Active

Map