Income-generated home in Universitas, Bloemfontein

Ref # 2215493
R2,695,000
Property Details
21 Benedictus Kok St
6 Beds
3.5 Baths
2 Garages
1,071m²

EXCELLENT INVESTMENT OPPORTUNITY!

Welcome to the property of your dreams in the sought-after student hub of Universitas, Bloemfontein. This property offers an exceptional investment opportunity and is conveniently situated in close proximity to local shopping centres, schools, and the prestigious UFS.

Currently operating as a student investment home/commune, this property has the potential to accommodate up to 13 students or working adults. The sale includes approved plans to expand the double garage, providing additional accommodation options.

Featuring six spacious rooms, including two with en-suite bathrooms, a third room with its own en-suite bathroom and kitchen nook, and the three remaining rooms sharing a third bathroom, this property offers versatility and comfort. A separate toilet adds convenience for residents.

The house boasts an inviting entrance foyer that leads to a welcoming living room and a large, well-equipped kitchen. The kitchen comes complete with ample built-in cupboards, counter tops, and a built-in stove and oven.

From the living room, you can access the exterior entertainment/braai area, the backyard, and the impressive swimming pool. The western side of the property showcases the double garage, which can be expanded to offer additional accommodation. There is also a one-bedroom flatlet with its own bathroom and kitchen nook at the back.

This property has the potential to generate a rental income ranging from R30 000 to R50 000 per month, depending on full capacity. With a front garden providing a beautiful view and a serene space for studying amidst nature, this property offers a unique environment for students.

For your convenience, prepaid water and prepaid electricity meters are installed. The time to become a successful property investor has arrived - seize this opportunity and call us today to make it a reality!

Please note that viewing is subject to pre-qualified or cash investment buyers only. Our bond originator is ready to assist you with any financial requirements.

Don't miss out on this remarkable investment opportunity - contact us now for a viewing.

Property Features
Property Type
House
Bedrooms
6
Bathrooms
3.5
Garages
2
Open Parking
4
Land Size
1,071m²
Living Area
1
Costs and Terms
Rates & Taxes
±R2,500
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