Commercial Property for Sale in Universitas

This established guesthouse in Universitas sits on two separate full-title properties with a combined erf of 3 636 m². The main erf of 2 424 m² carries the operating guesthouse; the second erf of 1 212 m² is already subdivided and ready for independent development — additional accommodation units, student blocks, or a separate residential build. The guesthouse has 12 rooms, each with its own en-suite bathroom and kitchenette, with one room fully fitted for wheelchair access. A 16-seat dining area and fully equipped reception kitchen support a bed-and-breakfast operation, though the self-catering setup means rooms can run independently. Five of the 12 rooms are large enough to be subdivided, which could grow total capacity from 12 to 17 rooms without adding new structures. The property has fibre internet, a borehole with a 5 000-litre JoJo tank, 12 secure parking bays, electric fencing, and an alarm system. Some rooms have fireplaces. At 1.1 km from the University of the Free State, the location is well-suited for student accommodation — the existing layout of 12 private rooms, each with an en-suite bathroom and kitchenette, makes conversion straightforward without major structural work. The property is zoned General Residential 3 (permitted guesthouse) on the main erf, with the second erf zoned Residential. Currently operating at 50–60% occupancy, yielding approximately R1 200 000 annually. Both erfs are sold together under one transaction. Property Highlights: Bedrooms: 12 (each with en-suite bathroom and kitchenette) Bathrooms: 12 (all en-suite) Parking: 12 secure bays Erf: 3 636 m² total (2 424 m² main erf + 1 212 m² subdivided second erf — two full-title properties) Subdivision potential: 5 rooms large enough to subdivide — capacity expandable to 17 rooms Borehole + 5 000l JoJo tank Fibre internet Security: electric fencing + alarm system Wheelchair-accessible room: 1 Zoning: General Residential 3 (main erf) + Residential (second erf) Rates: R8 700/month Distance to University of the Free State: 1.1 km