11 Bedroom House for Sale in Universitas

72 De Bruyn Street, Universitas, Bloemfontein, South Africa

R2,950,000

Bedrooms11

Bathrooms8

Garages1

m²451

Erf m²1290

11 Bedroom House for Sale in Universitas

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Description

11 Bedroom House for Sale in Universitas

Well maintained profitable investment close to UOFS

Welcome to this meticulously maintained property strategically located close to the University of the Free State, offering a lucrative investment opportunity with existing working-class tenants and substantial rental income. Situated in a prime location, this property boasts convenience and comfort, ideal for both tenants and investors alike.

Property Overview
Rental Income: Currently generating over R40,000 per month, this property presents a robust income stream with rental contracts in place for 2024.
Unit Composition: Consisting of seven flats, each designed for modern living and convenience.

Unit Details:
Two-Bedroom Flat: Featuring a spacious layout with a kitchen, lounge, two bathrooms, sliding door entrances, and a prepaid electricity meter. Two parking spaces are available in front of the unit.

One-bedroom flat Offering an open-plan living and kitchen area, a bathroom with a shower, toilet, and basin, prepaid meter, and allocated parking space.

Two Bachelor Flats Each is equipped with an open-plan kitchen and lounge, a bathroom with shower, toilet, and basin, prepaid meters, and individual sliding door entrances.

Two-Bedroom Flat: Featuring a contemporary kitchen setup, a shared bathroom with shower, toilet, and basin, and a prepaid electricity meter.

Spacious Three-Bedroom Flat: Includes a bathroom with a bath, basin, and shower, a separate toilet, a kitchen, and individual sliding doors for backyard parking.

Additional Bachelor Flat: Comprising a kitchen, and bathroom with shower, toilet, and basin. Electricity is included in the rental amount.

Property Amenities:
Communal Pool: Perfect for relaxation and leisure activities.
Laundry Room: Convenient facilities for tenants’ laundry needs.
Communal Braai Area: Ideal for social gatherings and outdoor entertainment.
Communal Garden: Offering a serene and landscaped outdoor space for residents to enjoy.
Security Features: Two electric gates ensure secure access to the property.

Don’t miss this exceptional opportunity to invest in a well-maintained property with established tenants and strong rental income potential. Contact us today to schedule a viewing and secure your investment near the University of the Free State.