5 Bedroom House for sale in Universitas

Positioned on a substantial 1,900m² corner erf in the sought-after Universitas area, this well-maintained property presents an outstanding opportunity for investors seeking strong rental returns from the thriving student accommodation market. The existing 449m² residence offers an ideal foundation for conversion into premium student housing, featuring five spacious bedrooms, two and a half bathrooms, multiple communal living areas, and extensive outdoor amenities designed to enhance tenant appeal and occupancy rates. The practical layout includes a large kitchen with eye-level oven, hob, scullery, and separate laundry room, providing ample facilities to support multi-tenant living. Spacious living and family rooms flow seamlessly to the outdoor entertainment areas, creating attractive communal spaces for students. Investment highlights include: • Five existing bedrooms with potential for further optimization and increased bed capacity. • Large 1,900m² corner stand offering future development or subdivision potential. • Prime location in Universitas, ideally suited for student accommodation demand. • Multiple communal living areas that enhance tenant experience and retention. • Swimming pool with safety net and automatic cleaning system. • Outdoor Lapa and entertainment area, adding significant value for student residents. • Domestic room and additional outside toilet, offering conversion opportunities for additional accommodation. • Double garage and extensive secure paved parking. • Fully fenced and secure property for peace of mind. • Strong potential for attractive monthly rental income and long-term capital growth. With increasing demand for quality student accommodation and limited supply in key educational precincts, this property offers investors an opportunity to establish a high-performing income-generating asset while benefiting from future development upside. A versatile investment with immediate accommodation potential and significant scope for value enhancement.