Prime Investment Opportunity: Upscale 2-Bedroom Apartment Steps from University of the Free State
Situated just 50 meters from the University of the Free State, this premium 2-bedroom apartment presents a rare opportunity for savvy investors. Its prime location ensures consistently high demand from student tenants, making it a lucrative addition to any property portfolio.
Designed with modern living in mind, the apartment features a sleek, fully equipped kitchen with top-tier appliances, seamlessly flowing into an open-plan dining and living area. The space is tastefully furnished with high-end touches, including a corner lounge suite and plasma TV, offering tenants both style and comfort.
Each of the two bedrooms is perfectly appointed for student life, with two three-quarter beds, dedicated study nooks, and ample storage space—ensuring both comfort and practicality.
Security is a top priority, with 24/7 surveillance, fingerprint access, and secure basement parking providing peace of mind for both tenants and investors alike.
Generating a steady rental income of R9,600 per month for 2024, 2025 rental will be R10 000 per unit this low-maintenance investment promises a strong return on investment. With its unbeatable location and guaranteed tenant demand, it’s an excellent opportunity to secure a long-term asset with reliable growth potential.
Property Overview
Listing Number
115092189
Type of Property
Apartment / Flat
Street Address
12 Arndt Street, Universitas
Lifestyle
Complex, Security Complex, University/College Community, Student Accommodation, Shared Living
Erf Size
9 028 m²
Floor Area
48 m²
Price per m²
R 16 250
Levies
R 1 538
Rates and Taxes
R 934
Age
14
Pets Allowed
No
Furnished
Yes
Rooms
Bedroom
2
Bedroom 1
Sliding door, 3/4 bed with study table and chair, Tiled Floors, Balcony, Blinds, Built-in Cupboards, Single Bedroom
Bedroom 2
Sliding door, 3/4 bed with study table and chair, Tiled Floors, Balcony, Blinds, Built-in Cupboards, Single Bedroom
Bathroom
1
Bathroom 1
Tiled Floors, Shower, Toilet and Basin
Kitchen
1
Kitchen 1
Complete with dishwasher, washing machine and microwave oven, Laundry, Stove, Extractor Fan, Granite Tops, Washing Machine Connection, Tiled Floors, Tumble Dryer, Built-in Cupboards, Under Counter Oven, Hob
Lounge
1
Lounge 1
Corner couch with a plasma TV, Tiled Floors, TV Port, Open Plan
Dining Room
1
Dining Room 1
Small dining space with a table and two chairs, Tiled Floors, Open Plan
External Features
Parking
1
Parking 1
Secure Parking, Underground
Garden
1
Garden 1
Communal, Immaculate Condition, Landscaped, Lighting, Water Feature