This property is a fantastic opportunity for both investors and families alike.
Featuring a two-bedroom main house with an open-plan lounge and kitchen, it offers a versatile and functional living space.
Additionally, the property includes four bachelor units with the potential to generate R8,000 in rental income per month – a significant advantage for maximizing returns.
With some improvements, the main house can generate R3,500 per month, making this property capable of covering bond repayments while still delivering solid financial returns.
Conveniently located near the main road, secure, and close to essential amenities, this property stands out as an excellent choice for residential or rental purposes.
Don’t miss out on this prime investment opportunity!
Known as the ‘City of Roses' Bloemfontein is the capital city of the Free State Province of South Africa. As the Judicial Capital of the country, Bloemfontein is one of the three national capitals of South Africa. Bloemfontein forms part of the Mangaung Local Municipality, known as the place where the Cheetahs dwell. Being the economic hub of Mangaung and the commercial capital of the Free State...
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.