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For SaleHouse

High-Yield 9-Bedroom Student House with Multiple Income Streams – Brandwag

9 bedrooms 3 bathrooms 655 m²

Description

This well-located student accommodation investment is situated in the sought-after Brandwag area, within close proximity to the University of the Free State (UFS) and Mimosa Mall. The property is ideally positioned to attract consistent student demand year after year. The house offers 9 well-appointed bedrooms, configured to maximise both comfort and rental returns: 5 bedrooms with private en-suite bathrooms 4 bedrooms with their own private kitchens 3 communal bathrooms 2 communal kitchens for shared use All rooms are fully furnished and ready for occupation, including: Beds with new mattresses Study desks and new study chairs Bedside tables with lamps Bookshelves The property is fitted with essential appliances such as washing machines, microwaves, and stove plates, ensuring convenient, self-sufficient student living. Value-Adding Features: Borehole (±R100,000 investment) – reliable water supply and reduced municipal costs Solar geysers (2 units, ±R130,000 investment) – improved energy efficiency Wi-Fi installed Secure and well-maintained student environment Financial Highlights: Potential rental income: ±R57,250 per month Significant additional income potential: the caretaker’s units can be rented out at ±R4,750 per unit, with a potential of ±R23,750 per month (5 units) Monthly expenses include insurance, electricity, municipal services, and Wi-Fi Investment Opportunity: This property offers strong cash flow with multiple income streams, excellent location, and a flexible layout ideal for long-term student accommodation or portfolio expansion. Prime student location | High rental demand | Scalable income potential An excellent opportunity for investors seeking a turnkey, income-producing student property in Brandwag.

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