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Prime Investment Near UFS: High-Yield Rental Potential!

R 2,350,000

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Exceptional Investment Property with Modern Amenities and Future Expansion PotentialDiscover 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 devils 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...# Parking: 1Rates And Taxes: 1700Has GardenProperty Reference #: 2270362Agent Details:Jaco Erasmus@ Home Property Group SA (PTY) LTD06 Norton streetFichardtparkBloemfontein9301

9mo

@ Home Property Group SA (PTY) LTD

Bloemfontein