Reitz · House For Sale
20 Bedroom House For Sale in Reitz
- R 6,500,000
- 20 bd
- 15 ba
Property Composition:
8 Townhouses
4 One-Bedroom Units
4 Two-Bedroom Units
First House:
Situated opposite the main gate.
Spacious 3-bedroom house.
Includes 1 one-bedroom flatlet.
Features 4 garages.
Second House:
4-bedroom house.
Rental Income:
Steady Combined Rental Income: The properties generate a steady combined rental income of R45,000 per month.
Low Expenses:
Low Operational Expenses: The expenses associated with the properties are low, contributing to a favorable return on investment.
Minimal Rates and Taxes: The rates and taxes are at a minimum, optimizing the financial performance of the investment.
Location Advantage:
Strategic Location: The properties are strategically located close to the new college under construction, enhancing their appeal for student accommodation.
Ideal Investment: Given the proximity to the college, the properties are well-positioned for investment or as part of a retirement plan.
Ideal Usage:
Student Accommodation: Ideal for investors seeking to capitalize on the demand for student accommodation, especially with the new college nearby.
Retirement Plan: The properties offer a sound investment for those considering a retirement plan with steady rental income.
Additional Information:
The diverse property types, including townhouses and various unit configurations, cater to a range of accommodation needs.
The presence of a steady combined rental income, low operational expenses, and a strategic location contribute to the investment's attractiveness.
In summary, this consortium of properties is a compelling investment opportunity for those looking to enter the student accommodation market. With a diverse range of properties, steady rental income, and a strategic location, these properties offer a promising venture for investors or as part of a retirement plan. Contact us to explore the potential of this well-positioned investment portfolio.
Property Information & Features
- Property Type
- House
- Listing Type
- For Sale
- Location
- Reitz, Free State
- Price
- R 6,500,000 · Get Pre-Qualified
- Bedrooms
- 20
- Bathrooms
- 15
- Garages
- 18
- Pet Friendly
- Yes
- Residential Zoning
- Yes
- Security
- Yes
Map & Nearby
Price Trends · Reitz, Reitz beta
Select filters to see average property values
The current average sales price for a 4 bedroom property in Reitz on ImmoAfrica.net is R 2,706,250
The current average sales price for a 3 bedroom property in Reitz on ImmoAfrica.net is R 1,740,000
The current average sales price for a 2 bedroom property in Reitz on ImmoAfrica.net is R 790,000
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Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Bedrooms | Buy | Rent |
---|---|---|
Studio | ||
1 Bed | ||
2 Bed | R 790,000 | |
3 Bed | R 1,740,000 | |
4 Bed | R 2,706,250 | |
5 Bed |
Bedrooms | Buy | Rent |
---|---|---|
Studio | ||
1 Bed | ||
2 Bed | R 1,021 | |
3 Bed | R 1,481 | |
4 Bed | R 1,433 | |
5 Bed |