| 21 bedroom Home Universitas |
Accommodation Investment with Outstanding Income Potential
High-Demand Location | 1.3 km from UOFS | Estimated Rental Income of ±R107 800 per Month
Unlock the potential of this exceptional investment property, perfectly positioned just 1.3 km from the University of the Free State. Located in one of Bloemfontein's most sought-after student rental areas, this property offers investors the opportunity to generate substantial monthly income while benefiting from continued demand for quality student accommodation.
The property consists of **two separate houses on one erf**, providing flexibility for multiple income streams and future expansion.
The **main double-storey residence** comprises **9 bedrooms, 3 bathrooms, a spacious living area, a generous kitchen, and a separate scullery**. Three fully equipped bachelor units, each with its own kitchenette and bathroom, further increase the property's rental capacity. While the main house would benefit from some upgrading, it offers the perfect opportunity to enhance value and maximise returns.
The **second dwelling** presents an exciting development opportunity. Approved plans allow for **up to 13 bedrooms and a communal kitchen**. At present, **9 rooms have already been completed**, leaving the remaining construction to be finished according to your vision. Once completed, the property can accommodate **approximately 25 rental rooms**.
Additional features include:
* 2,200-litre JoJo water tank
* Lapa and entertainment area
* Ample secure on-site parking
* Excellent location close to UOFS and major amenities
Properties of this scale and potential seldom become available. Whether you are an experienced investor, developer, or looking to expand your student accommodation portfolio, this is a rare opportunity to secure a high-yield asset with excellent long-term growth potential.
**Contact Marba Prinsloo from Rawson Properties today to arrange a private viewing and explore the exceptional investment opportunity this property has to offer.**
ERF Size 4,526 m²
Building Size 434m²
Rates R3,800 per month
|
|
Marba Prinsloo
c. 0729938808
marba.prinsloo@rawson.co.za
|
