12 Bedroom House for Sale in Universitas

Unlock a high-yield investment in a prime location. This well-established guest house offers immediate cash flow with the rare added value of a pre-subdivided second erf, perfect for expansion or separate development. The Property Layout This expansive offering spans two separate erfs, providing both operational excellence and future flexibility: * Erf 1 (Main House): 2,424 m² – Home to the current guest house operations. * Erf 2 (Vacant Land): 1,212 m² – Already subdivided and ready for development. Key Features & Financials * Accommodation: 12 Spacious bedrooms, 12 bathrooms, and 11 convenient kitchenettes. * Income Generator: Currently operating at a consistent 50% – 60% occupancy rate, yielding an impressive annual return of R 1,200,000. * Public Spaces: A professional reception area with seating capacity for 16 guests, ideal for breakfasts or check-in lounges. Strategic Potential: From Guest House to Student Commune Zoned for General Residential, this property is a "plug-and-play" solution for the lucrative student housing market. * Seamless Conversion: The existing layout of 11 kitchenettes and private bathrooms makes a transition to a high-density student commune simple and cost-effective. * Growth: Utilize the 1,212 m² subdivided erf to double your capacity or build custom student blocks. > Investor Note: Whether you choose to maintain the successful guest house brand or pivot to long-term student rentals, the infrastructure is already in place to ensure a high Return on Investment (ROI). Summary of Details Feature | Description Total Erf Size 3,636 m² (combined) Zoning | General Residential Bedrooms / Bathrooms 12 / 12 Kitchenettes 11 Current Annual Revenue R 1,200,000