R 1 640 000 | 10 Bedroom House for Sale in Generaal De Wet

GREAT NSFAS-ACCREDITED INVESTMENT PROPERTY IN GENERAAL DE WET, BLOEMFONTEIN

Looking for a great student accommodation investment or simply a big house for an extended family? (or two as there are two for the price of one on this stand!), then you have to look no further! Situated approximately 4km’s from CUT, students are rushing to this peaceful setting to stay and enjoy their studies. The owner provided dayly transport to and from the UFS/CUT to ensure the safety of the students. Situated within walking distance from local shops, the location is perfect.

Main House:
- Student room 1 (houses 2 students) with an en-suite bathroom (room 1 and 2 can also access the property through their own sliding door)
- Student room 2 (adjacent to room 1) with a door leading to the kitchen
- Large open plan kitchen with adjacent scullery and washing room
- Large living/dining room
- Passages leading to the front door and various other areas
- Three more rooms that share a bathroom and separate toilet
- Large room with its own full bathroom and endless cupboard space
- Large room with en-suite bathroom

Extended Second House:
- Currently the owner’s residence with a large bedroom with en-suite bathroom
- Living space with adjacent guest bathroom
- Spacious open plan kitchen/dining room/living room with a door leading out to another two new rooms (still under construction), living area and separate bathroom

Outside room:
- Single bedroom

- Adjacent toilet and shower (not in use)
- Washing lane
- Storage room
- Small closed off space (where two geysers are fitted) that leads to the back/kitchen scullery

*Note: wendy house is not included in the sale.

With a swimming pool, easily maintained garden and parking spaces, students can only have a breeze living here.

Prepaid electricity and water. 3 x electrical geysers.

Current monthly rental income = R40 000 with the potential for much more if all spaces are utilized. Approximately R15 000 in expenses.

Hurry, before this investment slips through your fingers! Give us a call now!