Bloemfontein, Free State, South Africa
Listed By Century 21 Bloemfontein
The Home for Sale located at Bloemfontein, Free State, South Africa is currently for sale. Bloemfontein, Free State, South Africa is listed for $318,735. This property has 11 bedrooms, 4 bathrooms, Pets Allowed features. If the property located at Bloemfontein, Free State, South Africa isn't what you're looking for, visit https://global.century21uk.com to see other Homes for Sale in Bloemfontein .
Date Updated : Jan 25, 2025
MLS#: 2203104
$318,735 USD
ZAR5,900,000
- Bedrooms11
- Bathrooms4
Property features
Key features
- Pets Allowed
Other features
- Property features: Balcony
Area
- Land/Lot size: 4m²
- Bedrooms: 11
- Bathrooms: 4
- Total rooms: 15
Description
This is a once-in-a-lifetime opportunity to secure a prime investment property in the highly sought-after area of Estoire, where significant industrial development is underway. With a land size of 4.28 hectares, this property offers incredible potential for both residential and commercial purposes.
Key Features:
1. Main House
A charming old farmhouse with 3 spacious bedrooms, a large lounge/TV room, kitchen, full bathroom, entrance hall, and a veranda.
75% of the house has been renovated and is currently rented out for R6,500 per month.
Includes covered parking for two cars, pre-paid water and electricity, and a fully fenced yard.
2. Duplex House
Two units:
2-Bedroom Unit: Open-plan kitchen and living room, 2 spacious bedrooms with modern built-in cupboards, and a bathroom with a shower. Features include an alarm system, cameras, and armed response.
3-Bedroom Unit: Larger kitchen with modern amenities, spacious lounge, and 3 bedrooms with built-in cupboards. The bathroom includes a bathtub, shower, basin, and toilet. Outside, enjoy a patio with a built-in braai.
Both units include covered parking, Wi-Fi, and security features.
Rental Income: R7,500 (2-bedroom unit) and R7,800 (3-bedroom unit).
3. Second Farmhouse
Another old farmhouse with 3 bedrooms, 1 bathroom, kitchen, and living room.
Includes an outside flatlet attached to a single garage.
Rental Income: R5,500 per month.
4. Bachelor Unit
A compact living space with a single bedroom, living area, and bathroom.
Rental Income: R3,500 per month.
Investment Potential:
With a total rental income already exceeding R31,000 per month, this property is a lucrative investment. The demand for rental units in the area far outstrips supply, making it a high-yield opportunity.
Whether you’re looking to expand your portfolio, develop further, or secure a property with consistent income, this is the chance to make it happen.
?? Contact us today to arrange a viewing. Don’t miss out on this incredible opportunity!