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For SaleFreestanding

Well-Located 5-Bedroom Student House with Additional Income Potential – Brandwag

5 bedrooms 2 bathrooms 965 m²

Description

This well-maintained student accommodation property is situated in the popular Brandwag area, offering easy access to the University of the Free State (UFS) and Mimosa Mall. The location ensures steady demand and reliable rental income. The property consists of 5 bedrooms, thoughtfully configured to enhance both privacy and rental yield: 3 bedrooms with private en-suite bathrooms 2 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 house is equipped with essential appliances such as washing machines, microwaves, and stove plates, ideal for student living. Value-Enhancing Features: Borehole (±R100,000 investment) – reduced reliance on municipal water Solar geysers (2 units, ±R130,000 investment) – energy-efficient and cost-saving Wi-Fi installed Secure, well-managed student environment Financial Highlights: Potential rental income: ±R36,750 per month Additional income potential: 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 presents a solid entry-level student accommodation investment with immediate income, strong location, and upside potential through additional rentable units. Prime student area | Stable income | Growth potential An excellent opportunity for investors seeking a manageable, income-producing student property in Brandwag.

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