This exceptional student accommodation investment is ideally located in Universitas, Bloemfontein, one of the city’s most sought-after areas for student housing. Zoned for guesthouse use, this property offers scale, flexibility, and excellent income-generating potential.
The property features an impressive floor area of approximately 915m² on a 1225m² stand, with rates and taxes of only R2,800 per month.
Currently offering 20 bedrooms, the property can accommodate approximately 40 students, with the potential to increase capacity to up to 50 students with minor internal adjustments. Four of the existing rooms still require completion, presenting an excellent opportunity to add further value.
Well-designed communal spaces include an entrance hall, lounge, and dining area, ideal for shared living. The property is well equipped with two kitchens, two sculleries, a pantry, and a study, making it highly functional for large-scale accommodation.
Parking is a major advantage, with 11 parking bays in total, of which 8 are covered, as well as 4 garages, ensuring ample secure parking for tenants and management.
Additional features include:
CCTV security system
Burglar bars throughout
Prepaid electricity
Built-in braai area
Swimming pool, perfect for hot summer days
This is a rare opportunity to acquire a high-capacity student housing property in a prime location close to universities and essential amenities, offering strong returns and significant future growth potential.
Serious investors are invited to contact us to arrange a private viewing of this high-performing property. Contact us today!
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Projected Rental Income (Estimated)
±40 students × ±R3,000 – R3,500 per student
Estimated gross income: ±R120,000 – R140,000 per month
With expansion to ±50 students:
Potential gross income: ±R150,000 – R175,000 per month
(Rental figures are estimates and depend on room configuration and management model.)