Apartment for sale in Bloemfontein Central

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
