6 Bedroom House for sale in Universitas

This versatile investment opportunity offers a 6-bedroom house plus an additional flat, perfectly positioned for student accommodation. The main house features three spacious bedrooms with built-in cupboards, a tiled kitchen with ample storage, a lounge with fireplace and wooden floors, and a dining area that can easily be converted into a fourth bedroom. Bathrooms are fully tiled, and the entryway boasts attractive parquet flooring. The separate flat includes a bedroom, open-plan kitchen and lounge, and a fully tiled bathroom with tub, toilet, and basin — ideal for generating extra rental income. What sets this property apart is its approved building plans for seven additional bedrooms, already paid for by the owner. This expansion unlocks significant income potential. Current rental income stands at R24,500 per month from just five students, while the property has capacity for nine students, projecting up to R44,100 per month. Imagine how much it will generate with 7 additional bedroom! Additional highlights include prepaid water and electricity for cost control, five covered parking bays plus two uncovered, and a well-maintained yard with paving, grass, and sprinkler system. This is a low-cost, high-yield investment in a sector with consistent demand — a smart choice for investors seeking reliable returns in student housing. If you don't contact me now, You will definitely loose this great bargain!