A rare chance to acquire Rubicorn Property Development (Pty) Ltd, including full ownership of a freehold, double-storey student accommodation complex in the heart of Willows, Bloemfontein. Property sold with Business.
Accredited by the Central University of Technology (CUT) and funded via Fundi, this turnkey business offers immediate income and long-term growth potential.
This sale includes both the immovable property and the goodwill associated with the student accommodation business. As the seller is not a VAT vendor, the transaction does not qualify as a VAT zero-rated supply. Accordingly, transfer duty applies.
Property Overview
All units provide: Beds, Study desk, blinds, cupboard and private bathroom. Kitchen with stove, small bar fridge, table and four (4) chairs.
EXTRAS: Outside area neat and well-maintained property with full camera system (CCTV), call to gate system, laundry room (laundry coins stem), entertainment space, Wi-Fi, 24/7 Caretaker and pre-paid electricity.
Expansion Potential
Approved plans to add 1 extra room per unit (14 total) at ±R15,000 per unit - each new room could generate R4200/month, significantly boosting revenue.
Location Benefits
Situated in Willows, a prime student district in Bloemfontein, walking distance to CUT and close to shops, transport and amenities and high rental demand from students ensures consistent occupancy.
Why Invest?
Fully accredited and income-generating student accommodation, strong rental demand and flexible pricing model, expansion-ready with approved plans, VAT-efficient structure via company sale and professionally developed and maintained by the current owner.
This is a plug-and-play investment for serious buyers looking to enter or expand in the student housing sector. Whether you're a seasoned investor or a newcomer seeking stable returns, Rubicorn offers the ideal blend of location, income and growth.
