• 5
  • 5
  • 202 m2

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Property description

Property Overview

An exceptional opportunity to invest in student housing just 1 km from the University of the Free State. This property consists of 5 fully renovated flats, offering a total of 13 rooms, and is approved by the Mangaung Municipality to accommodate up to 20 students (Approval Letter and Annexure “A” available).

Layout

5 Flats in Total

3 x 3-Bedroom Flats

2 x 2-Bedroom Flats

Each flat includes:

Fully equipped kitchen with a stove

Bathroom with a bath and a shower

Separate toilet with basin

Living area

All bedrooms feature built-in cupboards

Amenities

Undercover parking for 13 vehicles

Uncapped Wi-Fi for all students

Cleaning service once a week (flats & garden)

5000L water tank for emergencies

Each flat has a prepaid electricity meter

The owner covers water costs

Safety & Security

Electric fence and secure access gate

Individual security systems in each flat

Students have personal electronic devices and panic buttons

Lightning detector installed

Security services are on call for assistance

Additional Features

Beautiful thatched Lapa with built-in braai – perfect for student entertainment

High occupancy potential and excellent return on investment

Notes

Current students provide their own: bed and linen, study desk, chair, curtains, cutlery, and fridge.

A copy of the municipal approval letter and conditions is available upon request.

Property Details

  • 5 Bedrooms
  • 5 Bathrooms

Property Features

  • Fence
  • Alarm
  • Lapa
  • Built In Braai
  • Paving
  • Garden