House for sale
Reliable income in a lively student precinct, steps from the University of the Free State, with expansive grounds for future development. Includes 16 bedrooms, five bathrooms and two communal kitchens.
Presenting an exceptional investment opportunity in one of Bloemfontein's most desirable student accommodation precincts, perfectly positioned within easy walking distance of the University of the Free State.
This impressive income-generating property has been thoughtfully designed to offer comfortable, modern student living while delivering outstanding investment potential. The residence boasts 16 generously proportioned bedrooms and currently accommodates 17 students, ensuring an immediate and consistent rental income from day one.
Residents enjoy the convenience of two spacious, fully equipped communal kitchens and five well-appointed bathrooms, creating a practical and welcoming living environment. An additional Wendy house offers exceptional flexibility and can easily be converted into another bedroom, private study, or secure storage facility.
Situated on a substantial erf, the property provides remarkable scope for future development. The expansive grounds create an outstanding opportunity to add additional accommodation units, significantly increasing occupancy and enhancing long-term rental returns.
Whether you are an experienced investor or expanding your property portfolio, this is a rare opportunity to acquire a high-performing student accommodation asset in a prime location where demand remains consistently strong.
Property Highlights:
16 spacious bedrooms
Currently accommodating 17 students
Two fully equipped communal kitchens
Five modern communal bathrooms
Wendy house with conversion potential
Large erf with excellent expansion opportunities
Walking distance to the University of the Free State
Immediate rental income with exceptional future growth potential
Invest with confidence in a premium student accommodation property that combines location, quality, and outstanding income-producing potential.
Listed for sale at R3,300,000
How does this home’s price compare with similar properties?
Insight
Priced 24% above the local median - at the upper edge of the typical range in Universitas.
Compared with 10 5+ bed homes (13 listings) in Universitas.
Buyers should compare condition, position, views, finishes and floor size before deciding.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Universitas is a peaceful, well-established residential suburb in Bloemfontein known for its proximity to the University of the Free State and its convenient access to essential amenities and major transport routes.