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J B Mafora, J B Mafora, Bloemfontein, Free State
R 699 000
Exclusively listed by Metro Real Estate. A great opportunity for the cash investor looking for an income-generating property! This well-planned rental property offers 5 two-room rental units plus a storage unit. Four units are currently permanently occupied, while the fifth unit is vacant and ready for a new tenant. Current rental income: • 2 larger units @ R2,000 each • 3 smaller units @ R1,800 each • Potential total rental income: R9,400 per month The property is fully fenced and offers: • Prepaid electricity & water • Tiled rental rooms with PVC ceilings • Curtain rails • 2 toilets, 1 basin & 2 taps at the back • Close to public transport • Established rental demand Cash investors, this one deserves your attention! Contact Team Krause at Metro Real Estate to arrange a viewing and explore the investment potential.
Estimated monthly repayment
R 6 601
on a R 629 100 bond over 20 years at 11.25%
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J B Mafora, J B Mafora, Bloemfontein, Free State
Liivra AI market value
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Listed by
Francois Makhanya
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