Strong Cash-Flow 6-Bedroom Student House with Extra Income Potential – Brandwag

Description

This well-positioned student accommodation investment is located in the highly desirable Brandwag area, offering convenient access to the University of the Free State (UFS) and Mimosa Mall. The area remains one of Bloemfontein’s most reliable student rental nodes. The property features 6 well-designed bedrooms, configured to optimise rental returns and tenant comfort: 4 bedrooms with private en-suite bathrooms 3 bedrooms with their own private kitchens 2 communal bathrooms 1 communal kitchen All rooms are fully furnished and move-in ready, including: Beds with new mattresses Study desks and chairs Bedside tables with lamps Bookshelves The property includes essential student-living appliances such as washing machines, microwaves, and stove plates, ensuring ease of use and tenant satisfaction. Value-Enhancing Features: Borehole (±R100,000 investment) – reduced water costs and security of supply Solar geysers (2 units, ±R130,000 investment) – improved energy efficiency Wi-Fi installed Secure, well-managed student accommodation Financial Highlights: Potential rental income: ±R50,600 per month Additional income opportunity: caretaker’s units can be rented out at ±R4,750 per unit, offering up to ±R9,500 per month extra income Monthly expenses include insurance, electricity, municipal services, and Wi-Fi Investment Opportunity: This property offers a balanced mix of high rental income, strong location, and additional upside, making it an excellent choice for investors expanding a student accommodation portfolio. Prime student location | Proven rental demand | Scalable income A solid, income-producing student property in one of Brandwag’s most sought-after areas.