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Phahameng, Phahameng, Bloemfontein, Free State
R 1 290 000
Unlock consistent rental income with this well-positioned property, perfect for investors seeking strong returns and long-term growth. Property Features: • 4 spacious flatlets, each with 3 rooms • Ensuite bathroom with shower per unit • Prepaid electricity meters for easy management • Built-in wardrobes and cupboards • Fully tiled interiors for modern appeal • Entire property is paved and fenced for security and low maintenance Location Advantages: • Situated on the main road with excellent taxi access • Walking distance to schools, shopping mall, Home Affairs, and filling stations • High-demand rental area with strong tenant appeal Rental Income Potential: • Current rental per unit: ± R3500 • Total monthly income: ± R14,000 • Annual gross income: ± R168,000 This property offers immediate cash flow and long-term capital appreciation. With its prime location and tenant-friendly features, it’s a rare opportunity to secure a high-yield investment in a thriving area. Kindly contact me for more information and viewing.
Estimated monthly repayment
R 12 182
on a R 1 161 000 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
Tshepo Mabunda
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