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New Developments

Unilofts | Universitas, Bloemfontein

Unique student accommodation , only 200m from KOVSIES, medical faculty and Universitas Hospital!

Unilofts student accommodation in Bloemfontein is a much sought after, successful and luxury student accommodation concept. Ideally located and providing safe and secure student accommodation right at the University of the Free State campus. Occupants have easy access to all the faculties, sport and recreational facilities the university has to offer. Fully furnished apartments provide a sound and secure platform for students to complete their studies. Meticulous attention to the students needs has been addressed in the Unilofts Concept, which has created an investment opportunity that works very well for both owner and occupant. The unique student accommodation zoning that has been specially created for Unilofts, protects this concept!

Download PDF Brochure [2.08mb]

Key Features

Expected registration: 15 December 2011
The Caretaker stays in Unilofts
House Rules applies
Garden services are available
Housekeeping is done
Security services rendered
Monthly news letters to owners and students
Home website for daily info available on wireless network
Electric Fences
Video Cameras
Controlled Access
24 Hrs. Gate Guards
Patrolling Guards
Safe Balcony designs

Investment Breakdown

Development name:	Unilofts
Address:	Cnr of Goedemoed and Arndt Streets, Universitas, Bloemfontein
Description:	1 Bedroom, 1 Bathroom: 43m² (or subdivide into a 2 Bedroom) All the units are sold fully furnished and equiped with the following luxuries: Hob, oven and extractor Microwave Oven Tumble Dryer Washing Machine Dishwasher Couch Bookshelves, Built-in-Desks Chairs Standard Television Bed x 1 (optional bed available at cost) Kitchen Table Loose carpet in living area
Deposit	R10 000 securing fee & 10% deposit

Transaction Costs: Transfer fees and bond registration costs for purchaser’s account
Gold Referral Commission: R500
Platinum Referral Commission: R1 000
Capital Growth: Calculated at 8% per annum

Investment Analysis | 100% Financing

Description	Unit m²	Expected Rental	RVR	Purchase Price per unit	Monthly Bond Repayments @ prime over 30 years	Monthly Shortfall	Break-even Year	Total Invested up to Break-even year	Total Worth at Break-even year
1 Bedroom	43	R 5 500	0.74	R 741 570	R 5 966.84	R 1 591.84	6	R 70 013.85	R 1 176 778.39
2 Bedroom	43	R 5 800	0.78	R 741 570	R 5 966.84	R 1 321.84	5	R 55 237.63	R 1 089 609.62

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Investment Analysis | 90% Financing

Description	Unit m²	Expected Rental	RVR	Purchase Price per unit	Monthly Bond Repayments @ prime over 30 years	Monthly Shortfall	Break-even Year	Total Invested up to Break-even year	Total Worth at Break-even year
1 Bedroom	43	R 5 500	0.74	R 741 570	R 5 370.16	R 725.16	3	R 107 101.54	R 934 164.63
2 Bedroom	43	R 5 800	0.78	R 741 570	R 5 370.16	R 995.16	4	R 117 046.61	R 1 008 897.80