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Cape Town / Western Cape

Bloemfontein student village student accommodation for sale
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Date Listed 17/05/2012
Price R 717,000
Address Bloemfontein, South Africa
For Sale By Agency
BLOEMFONTEIN STUDENT VILLAGE

Bloemfontein Student Village from R679 000

Just launched its Bloemfontein Student accommodation development. The project will be located within walking distance to the university and offers good rental returns as well as a very aggressive growth in property value.

Due to quick sales, we have increased the price per unit to R 717 972 VAT included, so time is limited. Secure your unit now before the next increase.

The project mission is to create safe and private student accommodation RIGHT AT campus that yields great rental returns for investors. This sectional title development in BLOEMFONTEIN with its unique STUDENT ACCOMMODATION ZONING will be the most talked about accommodation on campus.

Investment Opportunity

On the back of the completed Pretoria project, located in close proximity to the University of Pretoria, the Bloemfontein project will reconcile the performance of Pretoria since January 2008 and the numbers are very impressive. This reconciliation is based on the last 30 months of operation.

Bloemfontein has a huge shortfall of student accommodation and with the University?s new marketing drive to increase the student count by 25% even more so.

In short:

-units are fully furnished
-2 bed units at R 717 972 VAT included
-R10 000 deposit secures
-Suggested rental income of R4800 per month.

Phase 1 will consist of 190 units and phase two will consist of another 180 units.

Unit Information
Unit Type Area m² Unit Cost Number of Units
1 or 2 bed 43.3 R717,972 190
 
The Susan Deacon Property Group - ID5436

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Poster Contact Information
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