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R 2 940 000
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8 Bedroom House for Sale in Universitas

29 Sergeant Street, Universitas, Bloemfontein
  • Bedrooms 8
  • Bathrooms 4
  • Garages 8
  • Erf Size 1 930 m²
    • m²: 1 930 m²
    • Hectares: 0.193 ha
    • Acres: 0.477 acres
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Mandy Labuschagne

Prime Investment Opportunity: Spacious, Student Accommodation walking distance from UFS

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, the furniture is sold separate...

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, the furniture is sold separate from the asking price to avoid paying transfer duty on it, 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 property’s capacity to 20 students with a potential income between R90 000 and R96 000 p/m. 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 property’s appeal. This low-maintenance investment is ready to continue generating returns while offering long-term value for the savvy investor.

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Bedrooms Bedrooms: 8
Bathrooms Bathrooms: 4
Garages Garages: 3
Parking Parking: 5
Pet Friendly Pet Friendly
Furnished Furnished
Pool Pool
Garden Garden
Fibre Internet Fibre Internet
Water Tank Water Tank
Listing number: P24-115197609, Image number: 1, Your new investment awaits
Listing number: P24-115197609, Image number: 2, Welcoming entrance
Listing number: P24-115197609, Image number: 3, Living space
Listing number: P24-115197609, Image number: 4, Neatly tiled flooring
Listing number: P24-115197609, Image number: 5, Dining space
Listing number: P24-115197609, Image number: 6, Dining space
Listing number: P24-115197609, Image number: 7, Lounge space
Listing number: P24-115197609, Image number: 8, Lounge with sliding doors
Listing number: P24-115197609, Image number: 9, Open plan common area
Property Overview
Listing Number
115197609
Type of Property
House
Street Address
29 Sergeant Street, Universitas
Description
Single Storey, Freestanding
Lifestyle
Suburban, University/College Community, Dual Living, Student Accommodation, Shared Living
Listing Date
11 November 2024
Erf Size
1 930 m²
Floor Size
507 m²
Rates and Taxes
R 2 885
Pets Allowed
Yes
Furnished
Yes
Coverage
26 %
Bedrooms
8
Bedroom 1
Carpets, Blinds, Fan, Built-in Cupboards, Single Bedroom
Bedroom 2
Carpets, Blinds, Fan, Built-in Cupboards, Single Bedroom
Bedroom 3
Carpets, Blinds, Fan, Built-in Cupboards, Single Bedroom
Bedroom 4
This bedroom is extremely spacious, and can easily fit two single beds
Carpets, Air Conditioner, Blinds, Fan, Built-in Cupboards, Single Bedroom
Bedroom 5
Natural stone flooring
Air Conditioner, Blinds, Curtain Rails, Built-in Cupboards, Single Bedroom
Bedroom 6
This bedroom has no single bed
Carpets, Air Conditioner, Blinds, Built-in Cupboards, Single Bedroom
Bedroom 7
This bedroom has a private entrance
Carpets, Air Conditioner, Blinds, Fan, Built-in Cupboards, Single Bedroom
Bedroom 8
This room can very comfortably fit two single beds, with private sliding doors to the outside seating space
Carpets, Air Conditioner, Blinds, Curtain Rails, Fan, Fireplace, Built-in Cupboards, Single Bedroom
Bathrooms
4
Bathroom 1
The bathroom has a shower in-bath
Tiled Floors, Basin, Bath, Shower, Blinds
Bathroom 2
Handy separate toilet with additional storage
Tiled Floors, Separate Toilet
Bathroom 3
Tiled Floors, Full, Bath, Curtain Rails, Shower, Toilet and Basin
Bathroom 4
Tiled Floors, Separate Toilet, Blinds
Bathroom 5
The bathroom has a shower in-bath
Tiled Floors, Basin, Bath, Shower, Blinds
Kitchens
2
Kitchen 1
Breakfast Nook, Scullery, Laundry, Eye Level Oven, Fridge, Washing Machine Connection, Tiled Floors, Tumble Dryer, Blinds, Open Plan, Built-in Cupboards, Hob
Kitchen 2
Flatlet style kitchenette private to the extremely spacious 8th bedroom
Stove (Oven & Hob), Tiled Floors, Blinds, Built-in Cupboards
Dining Room
Tiled Floors, Curtain Rails, Open Plan
Family/TV Room
The family room steps out through sliding doors to an outside seating and entertainment are
Tiled Floors, Curtain Rails, TV Port, Open Plan
Entrance Hall
Tiled Floors, Spacious
Other
Outdoor seating space, covered with relaxing pool views
Patio
Garage
3
Garage 1
Roll up
Garage 2
Roll up
Garage 3
Roll up
Parking
5
Parking 1
Carport, Secure Parking
Parking 2
Carport, Secure Parking
Parking 3
Carport, Secure Parking
Parking 4
Carport, Secure Parking
Parking 5
Carport, Secure Parking
Garden
With ample space for students to relax
Landscaped
Pool
The students will fall in love with the pool
Auto Cleaning Equipment
Style
Contemporary
Facing
North
Roof
Zinc
Wall
Brick, Plaster
Window
Steel
Standalone Building
Yes
Backup Water
Water Tank
Security
Totally Fenced, Security Gate, Safe
Temperature Control
Air Conditioning Unit, Cooling Fans, Fireplace
Special Features
Driveway, Paveway, Open Plan, Wood Ceilings, Sliding Doors, Wendy House
Nearby Public Transport
Bus, Minibus Taxi
Internet Access
Fibre
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Bond Calculator

R
R
%
years
Monthly Repayment:
Total Once-off Costs:
Min Gross Monthly Income:
View Breakdown
What do I qualify for based on my income?
What are the bond and transfer costs?
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.

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