11 Bedroom House in Brandwag

ATTENTION INVESTORS!

9 BEDROOM STUDENT COMMUNE WITH A 2-BEDROOM FLATLET IN THE POPULAR SUBURB OF BRANDWAG, BLOEMFONTEIN!

Solar panels and system with back-up inverter, CCTV cameras both items only included with a full offer and furnished rooms! 3 x fridges excluded from the sale. Save on electricity and create a secure living for your tenants!

The main house:

- Side entrance from a kitchen equipped with a loose standing stoveoven, counter tops and censor lights.

- Passage to 9 bedrooms and 2 bathrooms. Corridors and bathrooms are fitted with censor lights.Bathrooms have extraction fans.

- Each bedroom is equipped with a bed, study desk and chair with a cupboard.

2 bedroom flatlet:

- kitchen

- two single bedrooms

- bathroom

- separate toilet

Spacious back yard. Manual security gate.

At the moment it generates a monthly income of R35 800 over 10 months 8 NSFAS students at the moment, with a potential to reach R49 280 if all 11 rooms are fully occupied.

Estimated expenses:

Water - R2 000

Electricity with no solar R5 500 to R7 900 pm. With the solar R500 to R1500 pm.

Wifi R780 per month

Alarm R490 per month

Rates and taxes R1800 per month

Solar system:

12kw inverter

14 x 610 panels

16kw battery

Good location - within walking distance from the UFS and situated in a popular student hub!

Hurry and give us a call to add this property to your investment portfolio!