Pam Golding Properties

Apartment for sale in Bloemfontein Central

Apartment for sale in Bloemfontein Central - 1BX1656577
  • For sale
  • For Sale
  • /
  • South Africa
  • /
  • Free State
  • /
  • Transgariep
  • /
  • Bloemfontein
  • /
  • Bloemfontein Central
  • /
  • 1BX1656577

R799,000

3 bedrooms2 bathroomsBuilding 79 m²Energy supplies: EskomWater supplies: Council Supply

Expenses

Rates and Taxes: 
R560 per month
Levies: 
R1,090 per month
  • Garden
  • Parking
  • Wheelchair
  • City Living
Listing #: 1BX1656577

Prime CBD Student Accommodation

Great investment opportunity

This exceptional property, strategically located in the heart of Bloemfontein's CBD, offers a unique opportunity for savvy investors. The property has been thoughtfully converted into a high-demand student accommodation facility, providing a stable and lucrative income stream.

Prime Location:

Situated in the CBD, offering easy access to universities, schools, and essential amenities.

High Occupancy Rate:

Currently sitting at 88% occupancy rate it generates roughly R12 000,00 a month and at 100% occupancy rate you're projected to earn R14 000,00 ensuring a steady income stream.

Strong ROI:

Enjoy a projected 16% annual return on investment (ROI) at the current occupancy rate.

Growth Potential:

The student accommodation market in Bloemfontein is experiencing an approximately steady 2.5% to 3% annual growth, further enhancing investment value.

This property presents an excellent opportunity for investors seeking a stable and profitable income stream. Don't miss out on this prime CBD investment.

Listing details

Rooms

    • 3 Bedrooms
      • Main Bedroom
      • Main bedroom with built-in cupboards and tiled floors
      • Bedroom 2
      • Bedroom with built-in cupboards and tiled floors
      • Bedroom 3
      • Bedroom with built-in cupboards and tiled floors
    • 1 Bathroom
      • Bathroom
      • Bathroom with basin, bath and tiled floors
    • Other rooms
      • Kitchen
      • Kitchen with fridge, microwave, stove and tiled floors

Other features

    • Roof
    • Concrete roof
    • Walls
    • Face brick, plastered walls
    • Windows
    • Steel windows
    • General building features
    • Elevator and wheelchair access
    • Garden
    • Low maintenance
    • Security
    • 24 hour manned security automatic gates and burglar bars
    • Other
    • Geyser, prepaid electricity, prepaid water meter and road access

I'm your local property expert in Bloemfontein Central, South Africa

Marno Van Greuning

Marno Van Greuning, your local property expert in Bloemfontein Central, South Africa
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Registered with the PPRA - Full Status FFC

Marno Van Greuning

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Bloemfontein Office

41 Elias Motsoaledi Street, Langenhovenpark, 9330, Free State
Registered with the PPRA.Holder of a Business Property Practitioner FFC. Operating a Trust Account. A Franchise of Pam Golding Franchise Services (Pty) Ltd.Tria Real Estates (Pty) Ltd t/a Pam Golding Properties Bloemfontein
Bloemfontein Office details

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