20 Bedroom House in Universitas

Registered Guesthouse & Student Accommodation Investment Opportunity

A fully registered guesthouse, perfectly located near the University of the Free State. This income-generating property offers exceptional returns, with current long-term tenants and enormous expansion potential.

Property Features:

15 furnished guest rooms, each with en-suite bathroom shower, toilet, and basin

Built-in cupboard

Small kitchenette with refrigerator, microwave oven, and washbasin

Own prepaid electricity meter

Communal facilities:

Fully equipped kitchen

Dining room and lounge area

Laundry and washing facilities

Outdoor features:

Swimming pool

Parking bay for 12 cars

Neat and secure premises

Three-phase prepaid electricity

Certified Kitchen

The main house kitchen is certified by the Department of Health for the preparation and sale of food ideal for catering to guests or offering student meal services.

Income & Investment Potential:

All 15 guest rooms currently rented on 12-month leases at R3,600 per month, generating:

R54,000 per month R648,000 per annum. The main house offers an additional 5 bedrooms that can easily be rented out for extra income.

Expansion potential:

Add en-suite bathrooms to 4 main house rooms

Convert the existing office and part of the garage into 2 more en-suite rooms. This allows up to 30 rentable rooms in total

Projected income potential:

30 rooms R5,000 per month R150,000 per month

R1,500,000 per annum, with estimated R1,000,000 annual profit after expenses

Additional Highlights

Fully zoned and certified guesthouse

Fibre internet and Wi-Fi throughout

Water included in rates and taxes

JoJo tanks ready for connection

Secure fencing and full security system

8 x 200l geysers

Ideal for guesthouse operators, student housing investors, or developers seeking high ROI

Contact Sharon from Rawson Properties Bloemfontein to arrange a private viewing and explore the full investment potential of this incredible property.