R6,300,000
R6,300,000
Covered
Open
William Parkin
Pano Joannides
High-Yield Student Accommodation | 20 Bedrooms | Guesthouse Zoning | Universitas
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.)
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!
.
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.)
Monthly Rates
R2,800
Features
Zoning
Interior
Sizes
Parking Bays
Additional Amenities
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Century 21 South Africa website is accurate and up to date, Century 21 South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
