More Than a Home — An Opportunity to Earn

R2,650,000
Property Details

This versatile Universitas property offers a rare combination of space, location and opportunity, making it equally appealing as a family home, an extended-family residence or an income-generating investment. Currently generating an income of R13 400pm from the 3 flatlets.

Ideally situated less than 1.5 km from the University of the Free State and just a stone's throw from a convenient shopping centre, the property is perfectly positioned for easy access to everyday amenities, the university and the established student-accommodation market.

The property offers 5 bedrooms, providing exceptional flexibility for the way you choose to use the space. Enjoy it as a spacious family home, accommodate extended family under one roof, or utilise some or all of the rooms and additional accommodation areas to generate an income.

The main living areas are generously proportioned, with comfortable living and dining spaces, a kitchen with separate scullery, dedicated entertainment areas and a large covered braai patio. These spaces flow naturally towards the established garden and swimming pool, creating an inviting setting for family gatherings, relaxation and entertaining.

Adding to the property's appeal are three separate bachelor-style accommodation areas, as well as domestic accommodation and a large storeroom. These additional spaces provide a variety of options for generating rental income and make the property particularly attractive to buyers looking for an investment with flexibility.

Practicality and privacy have also been well considered, with two separate entrances providing excellent access and flexibility. There are carports for at least 5 vehicles, all securely positioned behind enclosed gates, offering ample off-street parking for residents, family members or tenants.

The beauty of this property lies in its versatility.

You can enjoy it as a spacious family home, create a comfortable and private environment for an extended family, or make use of its accommodation options to generate an additional income. The choice is yours, allowing the property to adapt to your lifestyle and financial objectives.

With its five bedrooms, multiple accommodation options, two separate entrances, secure parking and enviable location close to the University of the Free State and shopping facilities, this is far more than simply a home.

It is a property with options — a place to live, a place to accommodate family, and an opportunity to generate income.

Property Features
Property Type
House
Bedrooms
5
Bathrooms
4
Covered Parking
5
Floor Size
535m²
Land Size
1,487m²
Living Area
4
Costs and Terms
Rates & Taxes
±R2,414
Additional Information
Kitchens
1
Lounges
1
Dining Rooms
1
Family Room/TV Room
1
Braai Room
1
Domestic Bathroom
1
Domestic Room
1
Storeroom
1
Location
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