12 Bed House in Universitas

Perfectly located just 1.7 km from the University of the Free State and within walking distance of brand-new Checkers shopping center, this well-maintained property is a lucrative investment in the thriving student accommodation market.

The home features 10 spacious bedrooms with built-in cupboards and fitted blinds, fully equipped laundry room, along with two bachelor flatlets, each with private living space. The practical kitchen offers ample storage, and a tiled laundry room adds convenience.

Parking includes a large carport for vehicles. Security features such as outdoor beams, an alarm system, burglar bars, an electronic gate, and full fencing ensure peace of mind.

Currently generating R50,000 monthly from 12 tenants on 10-month contracts, the property nets a profit of R42,400 after electricity and water expenses. Student contract renewals in place. With the potential to build eight additional bachelor units, each capable of generating R4,500 per month, this property offers exceptional growth opportunities.

With its unbeatable location, strong rental demand, and excellent potential for growth, this is an unmissable investment opportunity. Contact us today to make this exceptional property yours! Contact us today to secure it!