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Phahameng, Phahameng, Bloemfontein, Free State
R 1 580 000
Prime Investment Property 11 Flatlets Converted Main House Units: 11 modern flatlets, each with 1 bedroom and ensuite bathroomFeatures per unit: Fully tiled, built-in cupboards & wardrobes, individual electricity meter boxesExterior: Securely fenced, fully paved, low-maintenance designMain house: 2-bedroom home already converted into a flatlet, DSTV connection availableLocation: Walking distance to mall, stadium, schools, police station, and main road for taxisRental Income PotentialAverage rental per unit: R2,400Total monthly income 11 units: R26,400Annual income: R316,800Why this property stands out:Ready-to-go rental stream with all units fitted and tenant-friendlyIndividual electricity meters ensure hassle-free managementStrong demand location near key amenitiesSecure, low-maintenance design ideal for long-term investmentThis is a turnkey opportunity for savvy investors looking for consistent cash flow and excellent growth potential. Show more Show less
Estimated monthly repayment
R 14 920
on a R 1 422 000 bond over 20 years at 11.25%
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Phahameng, Phahameng, Bloemfontein, Free State
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Gontse Pretorius
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