Universitas, Bloemfontein, Free State
R 2,625,000
4 Beds | 2.5 Baths | 1 Garage | 350 m² Floor | 1,071 m² Land
Spacious 4 Bedroom Home with Flatlet Prime Investment Opportunity in Universitas
Situated in the heart of Universitas, approximately 1.6 km from the University of the Free State and close to major medical hubs, schools, and amenities, this well-maintained and versatile property offers exceptional potential for both family living and high-yield investment.
The main residence offers generous living spaces with five spacious bedrooms, all fitted with built-in cupboards, and two neat bathrooms including a main en-suite. An additional room provides the perfect space for a home office or study.
The heart of the home is the open-plan living and dining area, enhanced by striking exposed timber trusses, high-gloss parquet flooring, and contemporary finishes that create a warm yet modern atmosphere. The well-appointed kitchen features quality cabinetry, sleek countertops, a central breakfast island, gas stove, and ample cupboard space, complemented by a separate scullery, pantry, and laundry area.
Multiple living and entertainment spaces, including an enclosed braai room, provide excellent versatility for family gatherings or communal living. These areas also offer the flexibility to be reconfigured for additional accommodation if desired.
Outside, the property features a spacious garden with established greenery and a swimming pool, creating a tranquil outdoor setting ideal for relaxation or entertaining. The property also offers strong development potential, including foundations that allow for additional structures or a potential double-storey expansion.
A major highlight is the private one-bedroom flatlet with its own entrance, currently generating approximately R6 000 per month in rental income. An additional outbuilding and domestic room can easily be converted into further accommodation, significantly increasing the income potential.
For investors, the property presents an outstanding opportunity to convert into student accommodation, with the potential to add multiple additional rooms without major structural changes.
Additional features include prepaid electricity, fibre internet connection, generator switch-over connection, electric fencing, alarm system, external security beams, a lock-up garage with drive-through access, and secure covered parking.
With strong demand for student and professional accommodation in Universitas and its prime location near the university and medical facilities, this property offers space, flexibility, and excellent long-term investment value.
Contact me today to arrange your private viewing of this exceptional opportunity.
Key Details
Reference LFBN-8166
Listing type Sale
Property type House
Listing zone Residential
Suburb Universitas
City Bloemfontein
Province Free State
Rates R 2,190
Property Details
Bedrooms 4
Bathrooms 2.5
Garages 1
Covered parking 3
Floor area 350 m²
Land size 1,071 m²
Lapa Yes
Swimming pool Yes
Alarm system Yes
Study Yes
Garden Yes
Paved yard Yes
Kitchen Yes
Laundry Yes
Storage Yes
Lounges 1
Scullery Yes
Flatlets 1
Water Tanks Yes
Pets allowed Yes
Dining areas 1
Built-in braai Yes
Family / TV room Yes
Electric fencing Yes
Built-in cupboards Yes
Finance
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