Prime NSFAS Registered Investment Property – High-Return, Fully Furnished and Turnkey, Just 1.5km from UFS
This NSFAS registered property is a rare, high-yield investment gem. Perfectly positioned just 1.5km from the University of the Free State, it offers an exceptional income opportunity tailored for student accommodations, complete with low-maintenance services.
With monthly expenses covering gardening, bi-weekly cleaning services, high-speed Iclix internet, and robust security through Nissi Security, this property ensures streamlined management at a cost-effective R3,400 per month. Power expenses are included at R4,500, with individual prepaid meters in each room allowing for potential reduction. This turnkey property comes fully furnished, with everything in place for immediate leasing.
The main house features six impeccably maintained bedrooms, with three rooms designed for double occupancy. Tenants enjoy a spacious, fully equipped kitchen, a kitchenette with scullery, and a large lounge area ideal for relaxation. The main house consists of 3,5 bathrooms. Additionally, four well-appointed flatlets add to the property's rental potential:
Flatlet 1: Bachelor flat, Open-plan lounge and bedroom with a convenient kitchenette and bathroom. Flatlet 2: Bachelor flat, open- plan lounge, bedroom with kitchenette and bathroom. Flatlet 3: Extra spacious, featuring a lounge, full kitchen, and two generously sized bedrooms. Flatlet 4: Boasting a modern design with a lounge, contemporary kitchen, two bedrooms, and a bathroom.
Strategically located and thoughtfully designed, this property is a top-tier choice for investors seeking a low-maintenance, high-return opportunity in a desirable student hub.
Property Overview
Listing Number
115254051
Type of Property
House
Street Address
42 Boersma Street, Universitas
Description
Duet/Maisonette, Freestanding
Lifestyle
Suburban, University/College Community, Student Accommodation, Shared Living
Erf Size
1 082 m²
Floor Area
413 m²
Rates and Taxes
R 3 700
Pets Allowed
No
Furnished
Yes
Coverage
38 %
Rooms
Bedroom
12
Bedroom 1
Tiled Floors, Curtain Rails, Built-in Cupboards, Single Bedroom