10 Bedroom House in Universitas

Exceptional investment opportunity offering accredited, fully furnished student accommodation just 1.2 km from the University of the Free State UOFS. This well-maintained property generates a strong monthly rental income of R60,760 through 11-month student rental contracts, providing reliable cash flow and high occupancy demand.

The Main house comprises 9 fully furnished bedrooms, with 7 rooms configured for sharing accommodation, supported by 4 bathrooms and an additional separate toilet. A spacious communal kitchen is complemented by a separate scullery and laundry area, ensuring convenience for student tenants. Two of the nine bedrooms feature private exterior access, offering added flexibility and privacy.

Adding further value is a self-contained bachelor flat complete with its own kitchenette and bathroom, ideal additional rental income, or on-site management.

Situated on a substantial 2,045 m² erf, the property offers excellent subdivision and future development potential, making it an attractive proposition for investors looking to expand or unlock additional value.

Key Features:

Accredited and fully furnished student accommodation

1.2 km from the University of the Free State

9 bedrooms 7 sharing rooms

4 bathrooms plus separate toilet

Spacious kitchen with separate scullery and laundry

2 bedrooms with private outside access

Self-contained bachelor flat with kitchenette and bathroom

Current rental income: R60,760 per month

11-month rental contracts in place

Large 2,045 m² erf

Subdivision and development potential

A rare opportunity to acquire a high-yield student accommodation property with immediate income and long-term growth prospects.