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Prime Investment Near UFS: High-Yield Rental Potential!

Brandwag

Property Description

**Exceptional Investment Property with Modern Amenities and Future Expansion Potential**

Discover unparalleled living in this expansive property, strategically located just 1km from the University of the Free State (UFS) and Pick & Pay Bloemgate. Offering a blend of modern amenities, ample space, and extensive security features, this property is the ideal venue for creating a high-yielding rental property.

With minimal renovations needed and approved plans for future expansion, this property is perfect for establishing a Student House that can accommodate between 13-15 students, generating a potential income of R40,000 – R45,000 per month.

**Main House (131 m²)**

**Bedrooms:**
– 4 Spacious Bedrooms: Each room is equipped with built-in cupboards, providing ample storage space.

**Bathrooms:**
– 2 Modern Bathrooms:
– Main bathroom: Features a basin, toilet, and bathtub.
– Ensuite (Bedroom 4): Includes a shower and toilet.

**Kitchen:**
– Open Plan Kitchen: Boasting granite countertops and newly fitted built-in cupboards, perfect for culinary enthusiasts.

**Dining Room:**
– Open Plan Dining Room: Designed for family meals and social gatherings.

**Living Room:**
– Open Plan Living Room: Spacious and inviting, ideal for relaxation and entertaining guests.

**Entertainment Room:**
– Entertainment Haven: Features a built-in braai and sliding doors on two sides, making it perfect for social gatherings.

**Flat (60 m²)**

**Bedrooms:**
– 2 Cozy Bedrooms: Both rooms come with built-in cupboards.

**Living Room:**
– Comfortable Living Room: A welcoming space to unwind after a long day.

**Kitchen:**
– Modern Kitchen: Equipped with built-in cupboards and Caesar stone countertops.

**Bathroom:**
– Complete Bathroom: Includes a shower, bathtub, toilet, and basin.

**Store Room (18 m²)**
Adjacent to the flat, this space offers potential for expansion or conversion into a bachelor’s flat.
– Secure Storage: Comes with a lockable door and windows for safety and ventilation.

**Garage (49 m²)**
– Double Garage: Measuring 7x7m, with tiled floors and ceilings for a polished look. This area can be easily converted into additional living space, with an outside toilet conveniently located adjacent to the garage.

**Carport/Under Roof Areas**
– Undercover Parking: Conveniently located in front of the flat.
– Versatile Use Areas: Adjacent to the store room, flat, and living room.

**Laundry Room**
– Easy Access: Situated next to the garage for added convenience.

**Security Features**
– Fenced Property: Equipped with devil’s fork fencing in the front yard.
– Alarm System: Installed to enhance security.
– Burglar-proofed Windows: For added peace of mind.
– Fibre Internet: Available for high-speed connectivity.

**Approved House Plans for Future Expansion**

– Additional Bedroom: Potential to add a 5th bedroom with an ensuite bathroom.
– Second Level Addition: Possible expansion on top of the garage.
– Swimming Pool Installation: Pre-approved for a future pool.
– House Extension: Approved for a 1.5-meter extension on two sides, totaling a 3-meter expansion.

This property offers an exceptional opportunity to invest in a versatile and secure living space with significant rental potential. Don’t miss out on creating your dream rental property in this prime location. Contact us today to arrange a viewing or for more information.

Contact Agent


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