20 Bedroom House for sale in Universitas

Looking for a high-yield, turnkey investment? This property has been meticulously renovated to meet both University and NSFAS accreditation standards, making it a seamless addition to your portfolio. Located just 1.5 km from the university, this residence is perfectly positioned to capture the high demand for quality student housing. The Layout & Features This property is designed for maximum efficiency and student comfort: * 20 Spacious Single Rooms: Modern, tiled flooring throughout for easy maintenance. All rooms are filled for this year. * Fully Equipped: Each room includes a dedicated study desk and ample built-in cupboards. * Smart Utility Management: Every room features its own individual pre-paid electricity meter, putting consumption control in the hands of the tenants. * Ablution Facilities: 4 well-maintained bathrooms designed for high-occupancy flow. * Modern Kitchen: A fully fitted communal kitchen featuring two gas stoves, ensuring students can cook even during power outages. Investment Potential * Total Potential Income: R 99,300 per month/ R 1 094 940 per year (fully occupied). * Accreditation: Built according to strict institutional specifications, ensuring you can tap into the funded student market immediately. Summary of Property Details Room Count: 20 Single Rooms Distance to University ~3.1 km Power Pre-paid meters in every room Cooking 2x Gas Stoves (Fitted Kitchen) Condition | Newly Renovated / Modern Tiling Investor’s Note: Student accommodation in this radius, especially with individual metering and NSFAS-compliant layouts, is a rare find. This is a "plug-and-play" asset ready for the upcoming academic cycle. Income: R 1060 000-00 per annum