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Universitas, Universitas, Bloemfontein, Free State
R 2 268 000
This fully accredited and furnished student accommodation property presents an outstanding investment opportunity, ideally located just 1 km from the University of the Free State (UOFS). With an excellent return on investment (ROI), approved expansion plans, and significant potential to increase rental income, this is a property not to be missed. The main house is currently configured to accommodate 6 students but has the potential to comfortably house up to 9 students. Several of the generously sized bedrooms are ideal for sharing, allowing investors to maximize rental returns. The main house also features two bathrooms with a separate toilet for added convenience. Adding to its appeal are two self-contained flats: * A bachelor flat with its own private kitchen and bathroom, perfect for independent student living. * A spacious two-bedroom flat complete with a kitchen and bathroom, with the potential to be converted into a three-bedroom unit to further enhance rental income. Students can also enjoy a covered outdoor braai and entertainment area, creating a welcoming communal space. The property includes approved building plans to extend and develop at the rear of the property, offering exciting opportunities for future expansion and even greater income potential. Key Features: * Accredited student accommodation * Fully furnished * Only 1 km from the University of the Free State * Excellent ROI with strong rental income * Main house with potential to accommodate up to 9 students * Two bathrooms plus separate toilet in the main house * Bachelor flat with private kitchen and bathroom * Two-bedroom flat with potential to convert into a three-bedroom unit * Covered outdoor braai and entertainment area * Approved building plans for future expansion Whether you're looking to expand your investment portfolio or secure a high-performing student accommodation asset, this property offers immediate income with exceptional future growth potential.
Estimated monthly repayment
R 21 417
on a R 2 041 200 bond over 20 years at 11.25%
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Universitas, Universitas, Bloemfontein, Free State
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Liivra AI market value
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