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Tumahole, Tumahole, Parys, Free State
R 450 000
An excellent investment opportunity located in the heart of Tumahole, within close proximity to key local amenities, public clinics, and the taxi rank. This property is ideally positioned for sustained rental demand and long-term capital growth. The property currently comprises five single one-bedroom units, including the original house, and generates a current rental income of approximately R4,000. While the existing structures are functional, the true value of this property lies in its development and redevelopment potential. Set on a large yard, the property offers ample space to: Redevelop into a double-story rental complex Modernize the existing structures Add additional rental units to significantly increase income streams Investors are encouraged to look beyond the current condition and focus on the future upside. With strong rental demand in the area, this property presents a solid opportunity to maximize returns and unlock its full potential. Book a viewing today to explore the possibilities and secure a high-potential investment.
Estimated monthly repayment
R 4 249
on a R 405 000 bond over 20 years at 11.25%
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Tumahole, Tumahole, Parys, Free State
Area view — the exact address is shared on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
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