This established NSFAS-accredited student accommodation property presents an attractive investment opportunity in the sought-after suburb of Brandwag, conveniently located near the University of the Free State and essential amenities.
The property offers **10 fully furnished bedrooms** and currently accommodates **14 students**. It generates an estimated gross rental income of approximately **R63 000 per month**, with estimated monthly operating expenses of approximately **R20 916**.
Based on the financial information supplied, the property offers an estimated **return on investment of approximately 13.33% per annum**.
### Property Features
* 10 fully furnished bedrooms
* Accommodation for 14 students
* Beds, desks, chairs and built-in cupboards
* Six sharing rooms
* Four single rooms
* Three en-suite bedrooms
* Six bathrooms
* Practical layout designed for comfortable student living
### Security and Compliance
* CCTV camera system
* Alarm system
* Fully fenced perimeter
* Electric entrance gate
* Valid Certificate of Compliance
### Sustainable and Cost-Saving Features
* Solar panels for geyser heating
* Borehole water supply
* Prepaid electricity in each room
### Additional Amenities
* Dedicated communal braai area
* On-site laundry facilities
* Washing machine and washing lines
* Secure and functional communal living areas
### Investment Highlights
* NSFAS-accredited student accommodation
* Estimated ROI of approximately **13.33% per annum**
* Gross monthly rental income of approximately **R63 000**
* Estimated monthly operating expenses of approximately **R20 916**
* 10 established student bedrooms
* Accommodation for 14 students
* Fully furnished and equipped
* Convenient Brandwag location near the University of the Free State
* Existing student accommodation infrastructure
* Strong potential within an established student rental market
This well-maintained property has been designed to provide students with a secure, functional and comfortable living environment while offering investors an established income-generating opportunity.
Detailed financial information and supporting documentation can be made available to serious, pre-qualified buyers.
Contact us today for further information or to arrange a private viewing.