13 Bed House in Universitas
This income-generating, 13-bedroom property in the sought-after student hub of Universitas presents an exceptional investment opportunity. Ideally positioned near shopping centers, schools, and the University of the Free State, this property offers everything an investor could want for consistent, high-demand rental income.
Designed as a student commune, inside, it boasts a modern, spacious kitchen with ample cupboard space, catering perfectly to shared living needs. The outdoor entertainment area, featuring a built-in braai, provides a popular space for socializing, adding to the propertys appeal among tenants. And with an expansive 2 059m erf potential to subdivide into 2 full title erfs, or ample space to extend.
With a rental income potential of R54,000 to R57,000 per month, this property promises steady returns and minimal upkeep, the only current cost are Wi-Fi R1200, Electricity R4500, Water R2250, and the cleaning costs of R1000, alongside the garden services R600thanks to prepaid water and electricity meters. Don''t miss out on adding this high-yield asset to your portfolio. Contact us today to arrange a viewing and secure this remarkable investment!
Property details
- Listing number T4887767
- Property type House
- Erf size 2 059 m²
- Floor size 371 m²
- Rates and taxes R 2 605
Property features
- Bedrooms 13
- Bathrooms 3
- En-suite 1
- Open Parkings 1
- Covered Parkings 2
- Pet Friendly
- Access Gate
- Built In Cupboards
- Fenced
- Furnished
- Entrance Hall
- Kitchen
- Garden
- Paving
- Built In Braai