Exceptional 26-Bedroom Student Accommodation in the Heart of Universitas
An excellent investment opportunity awaits with this expansive 26-bedroom student accommodation, ideally located in the sought-after suburb of Universitas, just a short distance from the University of the Free State, Spar, Checkers, garages, and other essential amenities.
This property, situated on a single erf, comprises two well-structured dwellings designed to offer both comfort and functionality for student living.
Main House
• 9 spacious bedrooms — 3 upstairs and 6 downstairs
• 6 modern bathrooms:
o 3 bathrooms with shower, basin, bath, and separate toilet
o 3 bathrooms with bath, basin, and toilet
• 2 additional separate bedrooms for extra occupancy or management use
• 1 geyser serving the main house
• Ongoing renovations ensuring the property remains in excellent condition
??? Second Dwelling (Back Property)
• 14 well-sized bedrooms, each with its own private bathroom
• 6 geysers to adequately service all rooms
• A few units are in the final stages of completion, expected to be ready by the end of November
Income Potential
• 12 rooms generating approximately R54,000 per month
• 14 rooms projected to generate R63,000 per month
• Total potential monthly income: R117,000
This property offers a strong rental return, prime location, and modern student living standards, making it an ideal choice for discerning investors seeking reliable and high-yield accommodation near the university.
Property Features
Key Features
Bedrooms26
Bathrooms6
Erf Size1 580 m²
RatesR 3 968
Interior
Kitchen
Built-in Cupboards