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R 2 499 000

12 Bedroom House for Sale in Universitas

  • Bedrooms 12
  • Bathrooms 4.5
  • Garages 4
  • Erf Size 1 800 m²
    • m²: 1 800 m²
    • Hectares: 0.18 ha
    • Acres: 0.445 acres
Furnished NSFAS-Accredited Investment Opportunity Near UFS

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....

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!

Bedrooms Bedrooms: 12
Bathrooms Bathrooms: 4.5
Parking Parking: 4
No Pets Allowed No Pets Allowed
Furnished Furnished
Flatlet Flatlet
Garden Garden
Fibre Internet Fibre Internet
Listing number: P24-115291200, Image number: 1, Lush garden
Listing number: P24-115291200, Image number: 2, Kitchen
Listing number: P24-115291200, Image number: 3, Kitchen
Listing number: P24-115291200, Image number: 4, Kitchen
Listing number: P24-115291200, Image number: 5, Lets see the rooms
Listing number: P24-115291200, Image number: 6, First bedroom
Listing number: P24-115291200, Image number: 7, First bedroom
Listing number: P24-115291200, Image number: 8, Second bedroom
Listing number: P24-115291200, Image number: 9, Second bedroom
Property Overview
Listing Number
115291200
Type of Property
House
Description
Freestanding
Lifestyle
Shared Living, Student Accommodation, University/College Community, Suburban
Listing Date
01 December 2024
Erf Size
1 800 m²
Floor Size
365 m²
Rates and Taxes
R 2 100
Pets Allowed
No
Furnished
Yes
Coverage
20 %
Bedrooms
12
Bedroom 1
Bachelor flat 1
Curtain Rails, Built-in Cupboards
Bedroom 2
Bachelor flat 2
Curtain Rails, Built-in Cupboards
Bedroom 3
Tiled Floors, Blinds, Built-in Cupboards, Single Bedroom
Bedroom 4
Tiled Floors, Curtain Rails, Built-in Cupboards, Single Bedroom
Bedroom 5
Parquet Floors, Blinds, Built-in Cupboards, Single Bedroom
Bedroom 6
Carpets, Blinds, Built-in Cupboards, Single Bedroom
Bedroom 7
Carpets, Blinds, Built-in Cupboards, Single Bedroom
Bedroom 8
Enough space for two students
Parquet Floors, Blinds, Built-in Cupboards, Twin Bedroom
Bedroom 9
Carpets, Blinds, Built-in Cupboards, Single Bedroom
Bedroom 10
Parquet Floors, Blinds, Built-in Cupboards, Single Bedroom
Bedroom 11
Parquet Floors, Blinds, Built-in Cupboards, Single Bedroom
Bedroom 12
Carpets, Blinds, Fireplace, Built-in Cupboards, Single Bedroom
Bathrooms
4.5
Bathroom 1
Bachelor 1
Tiled Floors, Shower, Toilet and Basin
Bathroom 2
Bachelor 2
Tiled Floors, Shower, Toilet and Basin
Bathroom 3
Tiled Floors, Full, Bath, Blinds, Shower, Toilet and Basin
Bathroom 4
Tiled Floors, Basin, Bath, Shower, Blinds
Bathroom 5
Tiled Floors, Separate Toilet, Basin
Kitchens
3
Kitchen 1
Small kitchenette in bachelor 1
Open Plan
Kitchen 2
Small kitchenette in bachelor 2
Open Plan
Kitchen 3
Scullery, Stove (Oven & Hob), Tiled Floors, Blinds, Built-in Cupboards
Other
Laundry room inside the house
Parking
4
Parking 1
Carport
Parking 2
Carport
Parking 3
Carport
Parking 4
Carport
Garden
This garden space is extremely spacious.
Landscaped
Outbuildings
2
Outbuilding 1
Second bachelors flatlet with kitchenette and bathroom
Flatlet
Outbuilding 2
Bachelors flatlet with kitchenette and bathroom
Flatlet
Style
Conventional
Facing
North
Roof
Zinc
Wall
Plaster
Window
Steel
Security
Totally Fenced, Electric Gate, Security Gate, Alarm System, Burglar Bars, Outdoor Beams
Special Features
Prepaid electricity
Driveway, Paveway
Flatlet
Yes
Flat Description
Second bachelors flatlet with kitchenette and b...
Nearby Public Transport
Bus, Minibus Taxi
Internet Access
Fibre
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