House for sale
Vibrant student hub just 1.3 km from UFS, set on a large erf with lapa entertainment area and 2,200L water tank; approx 25 lettable rooms and ample parking.
Exceptional Student Accommodation Investment – Prime Location Near UOFS
This outstanding high-yield investment opportunity is ideally located just 1.3 km from the University of the Free State, making it perfectly suited for student accommodation. With an estimated rental income of approximately R107 800 per month, this property offers impressive returns and strong future growth potential.
Set on a single erf, the property features two separate houses, allowing for phased development or multiple income streams.
The main double-storey home offers 9 bedrooms, 3 bathrooms, a spacious living area, and a well-sized kitchen with a separate scullery. While the structure is solid, some renovation is required, creating an excellent opportunity to add value and maximize returns. In addition, there are 3 bachelor units, each fitted with a bathroom and kitchenette.
The second house is partially completed, with approved plans for up to 13 bedrooms and a kitchen. Currently, 9 rooms have already been built, and the remaining construction can be completed to unlock the full potential of the property. Once finalized, the property will offer a total of approximately 25 rooms.
Additional features include a 2,200-litre water tank, a lapa/entertainment area, and ample on-site parking.
Situated in a high-demand student area close to UOFS, this is a rare opportunity to secure a large-scale income-generating property with excellent upside for investors and developers alike.
Listed for sale at R3,700,000
Compared with 84 active listings in Bloemfontein.
Insight
Priced 32% above the local median — but still inside the typical range for Bloemfontein.
It's smaller than typical, which helps explain where it sits in the range. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Key differences
Premium priced · based on 38 listings
Compact at a premium · based on 38 listings
Market depth
84 listings
Similar homes town-wide
234 days
Median time on market
Many similar homes
Active across Bloemfontein
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Universitas is a tranquil, well-established residential suburb in Bloemfontein that offers a convenient lifestyle characterized by its proximity to the University of the Free State, reputable schools, and essential medical facilities.
