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R2,540,000

5 bedroom house for sale in Universitas

5 Beds
2.5 Baths
1 Garage
1,083m²
Pets Allowed
Buy Of The Year. Great Value For Money. Perfect For Student Or Guest House. Great Investment.

Exceptional Investment Opportunity: Versatile Property with Ample Amenities

If you are searching for the best investment you'll ever make, look no further. This property offers incredible value for money and is perfect for a variety of uses, whether as a student house, a guest house, or a rental property. Nestled within 2.5-meter high brick walls for enhanced safety, this well-maintained house combines privacy, convenience, and potential income generation.

Key features of the property include a borehole and an under-roof, well-protected water tank, ensuring a reliable water supply. Additionally, a JoJo tank captures rainwater, complemented by a water softener system. The beautiful, small, and manageable garden provides a serene outdoor space, while the large tree in the backyard offers shade and tranquility.

The property boasts two under-roof entertainment areas, alongside a pool room with a braai area—perfect for hosting gatherings. The main house features a large kitchen with a separate dishwashing area, spacious enough to accommodate a dining table and chairs. The dining/sitting room is ideal for family meals and relaxation.

Accommodation includes a main room with an en-suite bathroom, an additional room with an en-suite toilet, and a total of 2.5 bathrooms. Ample storage is available with large cupboards throughout the house.

Moreover, there are three self-contained flatlets:

1. A beautiful large flat with two rooms, a kitchen, bathroom, and dining/sitting room. The sleeping rooms also have glass doors leading outside.

2. A second flat offering two rooms, a small kitchen, and a bathroom.

3. A third flat with two rooms, a sitting room, bathroom, and toilet.

This property can accommodate a minimum of 24 students, meeting all the criteria for student housing. Alternatively the flats can be utilized as a guest house or rented out to generate an income of R16,000 per month from the three flats.

Location is another significant advantage; the property is within walking distance from the university and only 2 km away from a Checkers store.

The swimming pool is currently empty due to new paint application, but it adds significant value once operational.

This is truly an offer not to be missed—a private and versatile property that is expected to sell quickly. Don’t miss out on this excellent buy! Contact us today to arrange a viewing.

Property Type
House
Bedrooms
5
Bathrooms
2.5
Stand Size
1,083m²
Living Area
1
Garages
1
Open Parking
5
Flatlet
Yes
Pets Allowed
Yes
Municipal Water
Yes
Borehole
Yes
Uncovered Parking
Yes
Garden
Yes
Reference
2328505
Property history
Listed for sale at R2,540,000
16 Oct 2024
Get to know Universitas
Universitas is a vibrant neighborhood in Bloemfontein, South Africa, known for its diverse population and convenient location. The area is home to a range of residential and commercial spaces, as well as educational institutions and student housing. Universitas offers easy access to amenities and attractions, and is home to the Universitas Park. Overall, it is a dynamic and growing neighborhood that offers something for everyone.
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