8 Bed House in Universitas

This exceptional investment property, just 1.3 km from the University of the Free State, on a huge 1930 square erf is both profitable and perfectly situated for student accommodation. With provisional NSFAS accreditation and a rezoning application already filed for student accommodation, this property is ideally positioned to attract consistent demand. This property is perfectly maintained, extremely neat and ready to become the investment of a lifetime.

The spacious, well-equipped kitchen, featuring a double eye-level oven, ample storage, and a dedicated scullery and laundry room, flows effortlessly into the tiled dining area and open-plan living room. This inviting space, perfect for converting into more bedrooms, extends through sliding doors to a lovely outdoor seating area.

Offering 8 comfortable bedrooms with 5 bathrooms, each room is equipped with a bed, desk, and chair, this property provides the ideal setup for students. Some of the rooms are spacious enough for sharing occupancy. Additionally, a private flatlet-like bedroom with its own kitchenette and bathroom opens to the outdoor area, enhancing privacy and flexibility for tenants.

Outside, the property boasts three garages which can be converted into flats, maximizing the propertys capacity to 20 students. Two motorized gate entrances. Ample covered parking space. a charming pool, and a convenient Wendy house for extra storage. A backup water tank ensures reliable supply, adding to the propertys appeal. With all furniture included, this low-maintenance investment is ready to continue generating returns while offering long-term value for the savvy investor.