13 Bedroom House in Universitas

Mandated to Metro Real Estate. Located just 1.36km from the University of the Free State, mandated to Metro Real Estate, this high-demand student property in Universitas offers a rare opportunity to secure a strong and stable rental income.

This spacious property it the perfect investment with a mix of accommodation options ideal for students:

-Main House: 7 well-sized bedrooms and 5 Flatlets

-Flatlet 1: Exceptionally spacious 1-bedroom unit with its own kitchen and bathroom

-Flatlet 2: Open-plan bachelor unit with kitchenette and bathroom

-Flatlet 3: Shared flat with large bedroom, lounge, kitchen, and bathroom

-Flatlet 4: Comfortable unit with bedroom, kitchen, lounge, and en-suite bathroom

-Flatlet 5: Unit with bedroom, kitchen, and bathroom

A large, fully equipped kitchen in the main house, fitted with washing machines, supports student needs with ease. The property also features ample parking, making it convenient for tenants with vehicles.

Monthly Rental Income: R55,662

Low Operating Costs:

-Electricity: R5,850

-Water: R2,600

-Cleaner: R1,000

-WiFi: R1,200

-Garden Services: R690

With its unbeatable location, excellent tenant mix, and strong positive cash flow, this property is a turnkey investment opportunity in one of Bloemfonteins most sought-after student hubs.