19 Bedroom House in Universitas

Mandated to Metro Real Estate. Just 1.2km from the University of the Free State, this fully-tenanted student property is a rare opportunity for the serious investor offering strong returns, a prime location, and long-term value in Bloemfonteins most sought-after student hub.

Set on a spacious erf with ample shadenet and carport parking, the property also features a sparkling pool and lush garden a major lifestyle bonus for student tenants. The main house boasts a large kitchen with modern granite countertops and quality appliances, complemented by two solar geysers and a borehole (currently needing servicing), all designed to keep running costs low.

The main house includes 12 spacious bedrooms, while the rest of the income is generated by 7 flatlets: two neat bachelor units with kitchenettes and bathrooms, a modern bachelor flatlet with a full kitchen and bathroom, two comfortable one-bedroom units each with their own kitchen and bathroom, and a sixth bachelor flatlet with a kitchenette and bathroom. Each unit offers private, secure living tailored for student convenience.

With a total monthly income of R84,100 and manageable expenses including electricity at R8,500, water at R3,800 (eliminated once the borehole is serviced), cleaner at R1,000, Wi-Fi at R1,200, and garden services at R750 this is a high-yield, low-hassle investment with proven performance.

Secure this exceptional student housing opportunity and enjoy immediate returns in a high-demand location.