Spacious Living with Rental Income in Universitas

Ref # 2474184
R2,625,000
Property Details
3 Beds
2.5 Baths
2 Garages
3 Covered Parkings
1 Open Parking
351m²
1,071m²

Attention homeowners and investors – a brand-new opportunity has just arrived in Universitas.

Whether you are looking for a spacious family home with rental income potential or considering student accommodation, this property offers exceptional versatility and value.

For the homeowner, this property offers comfortable and well-designed living. The house features three generously sized bedrooms, each fitted with built-in cupboards.

There are two bathrooms, including a main en-suite, as well as a separate guest toilet for added convenience. An additional room provides the perfect space for a home office, study, or hobby room.

The heart of the home is the inviting open-plan living area that flows seamlessly into a beautiful kitchen fitted with ample cupboard space and a gas stove. A large scullery and separate pantry add to the practicality of the home.

The dining area extends into a spacious entertainment room with a built-in braai, ideal for hosting family and friends all year round. The expansive garden is complemented by a large swimming pool, creating the perfect setting for warm summer days.

At the back of the property, you will find an almost-complete bachelor’s flat with a toilet. With minimal finishing touches, this space can easily generate additional rental income.

An even greater bonus is the existing one-bedroom flat with its own private entrance, currently generating an income of R6 000 per month with a tenant already in place.

For investors, the possibilities are significant. The property can be converted into student accommodation and offers the potential for up to 12 rooms without major structural changes.

There is also ample space for further development to add additional rooms, maximizing rental returns in this high-demand student area.

This property offers space, income potential, and long-term growth — all in one. It is a rare find and will not stay on the market for long.

Contact me today to arrange your private viewing.

Property Features
Property Type
House
Bedrooms
3
Bathrooms
2.5
Garages
2
Covered Parking
3
Open Parking
1
Floor Size
351m²
Land Size
1,071m²
Living Area
3
Study
1
Costs and Terms
Rates & Taxes
±R2,194
Additional Information
Grade
C2
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