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Description

Investment property for sale!
This home is literally packed with potential and is an excellent investment opportunity. The property offers a very spacious yard with a borehole, surveillance cameras, and three shaded carports. The main house consists of a spacious living room with a fireplace, 5 bedrooms with modern built-in cupboards and each with a fan, 3 bathrooms each with a toilet, a bathtub, a basin as well as a shower and spacious built-in cupboards.

On the property there are 3 flats using prepaid electricity with modern built-in cupboards, each flat offering a fully equipped bathroom with a shower, basin, as well as a toilet. 3 offices with built-in cupboards each consisting of a fully equipped bathroom with a shower, basin, as well as a toilet, a laundry room with a washing line. An entertainment area with a built-in braai area
and a balcony.

It is suggested by the owner that you can partition 3 offices below into 2 bedroom flats , the entertainment area can be converted into 3×2 bedrooms with partitioning, therefore potentially generating rental income of R6000, bachelor flat on the main house is R4500 per month, 2 bedroom flat(with lounge, kitchen and bathroom)R6500, main house has 5 bedrooms, sharing students pay R2500 per month therefore each room is R5000.

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Details

Updated on May 4, 2021 at 11:29 am

  • Reference #: 1315439
  • Price: R3,100,000
  • Suburb / Town: Bloemfontein
  • Property Type: House
  • Bedrooms: 5
  • Bathrooms: 3
  • Living Areas: 1
  • Building Size: 1048.0 ㎡
  • Stand Size: 1023.0 m²
  • Rates & Taxes: R 998

Additional Features

  • Carports:3

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