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Universitas, Universitas, Bloemfontein, Free State
R 2 354 000
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. 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.
Estimated monthly repayment
R 22 230
on a R 2 118 600 bond over 20 years at 11.25%
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Universitas, Universitas, Bloemfontein, Free State
Liivra AI market value
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Listed by
Dineo Mthembu
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