This centrally located apartment presents an excellent opportunity to invest in Bloemfontein’s booming student accommodation market. Already accommodating four students, the property offers an attractive potential rental income of approximately R18,400 per month.
The apartment features a practical open-plan lounge and kitchen area with built-in cupboards, creating a functional and comfortable living space for student tenants. Prepaid electricity allows for easier utility management and greater control over consumption. The property offers two generously sized bedrooms, each comfortably accommodating two students.
Location is one of this property’s strongest investment advantages. Situated just 400 metres from Motheo TVET College and approximately 1 km from the Central University of Technology (CUT), the apartment is ideally positioned to attract students seeking convenient accommodation close to their place of study. Its central location also provides easy access to public transport, shops and everyday amenities, with the Loch Logan Waterfront within walking distance. Contact me today to arrange a viewing and make this centrally located apartment your next investment opportunity.