8 Bedroom House in Universitas

This exceptional income-producing property offers an outstanding investment opportunity, ideally located just 1.6 km from the University of the Free State UOFS. Designed to cater to the growing demand for quality student accommodation, the property generates a gross monthly rental income of approximately R64,064, providing investors with a strong and reliable income stream.

The main residence comprises 6 spacious bedrooms and 3 bathrooms, 4 sharing and 4 single rooms comfortably accommodating multiple tenants. A large, functional kitchen provides ample workspace and storage, making it well suited to communal living.

Complementing the main house is a self-contained two-bedroom flat with sharing kitchen and bathroom.

A valuable feature of the property is the borehole, which supplies water for domestic use throughout the house, reducing reliance on municipal water and contributing to lower operating costs.

The property''s current monthly operating expenses are approximately:

With total monthly expenses of approximately R25,300, the property currently generates an estimated net monthly income of R38,764 before tax and other owner-specific costs.

Its prime location close to the University of the Free State, excellent accommodation capacity, established rental income, and cost-saving borehole make this an outstanding investment opportunity for buyers seeking a high-yield residential property with strong long-term demand.